Affordability challenges are limiting buying activity, and early signs suggest competition for homes may be easing off somewhat. Nationally, existing home sales are down 2.7% as of last measure,
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Dated: February 17 2022
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There's a lot going on in real estate these days, as you've probably noticed.
If you're a homeowner and you've been watching real estate news you may be considering selling your property. Now is a great time to do that. Inventory is low and prices remain high. Market conditions all but guarantee a healthy sale price and a quick closing, giving you the buying power to move quickly and decisively in the Spring if you're looking to upgrade. Give me a call today to talk through your options.
If you're thinking about buying this year, be prepared for bidding wars. Pandemic-related supply-chain issues throttled construction, but record demand was the primary driver of the inventory shortage last year, pushing home prices to all-time highs. Some economists say that the U.S. housing market is due to cool in 2022, allowing inventory to recover somewhat, but the supply of for-sale homes would have to nearly double to reach the level recorded in January 2019. To be competitive, we'll need a plan, and the earlier we get our plan together the better!
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In 2021, existing-home sales rose 8.5% during 2020, the highest level since 2006 as supplies of homes for sale fell to an all-time low of 910,000, equivalent to 1.8 months of available inventory.In
Well, spring is upon us. In my line of work, that means one thing: people are about to get serious about real estate.Buying a house is an exciting event, but a lot of people are struggling to find
There's a lot going on in real estate these days, as you've probably noticed.If you're a homeowner and you've been watching real estate news you may be considering selling your property. Now is a
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