I look at the current pace and decide how much room there is to negotiate.
When you are thinking about making an offer in DeWitt, MI, the real question is whether you need to move fast or wait for a better opening. I would not overplay patience here, because the typical sale took 14 days last month and homes sold at 101.1% of list price, which signals that clean offers still get attention.
Last month, the typical sale in DeWitt, MI took 14 days and sold at 101.1% of list price. That tells me buyers do not have a lot of room to assume every property will sit around, so a strong first offer matters.
I also pay attention to the fact that months of inventory sat at 1.22. In practical terms, that is a tight setup, and it usually rewards buyers who are prepared before they start touring and writing.
I would get my financing lined up, move quickly on homes that fit, and focus on writing clean terms instead of hoping for extra leverage later. If I were advising a buyer in DeWitt, MI, I would treat the first serious opportunity like it matters.
