Here’s what buyers and sellers should know about our housing market.
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“What’s happening in our housing market?” People ask me this all the time.
To make things easy for you, I’ve broken down our market into five key points:
1. The market is shifting. We’re moving from a crazy seller’s market to a
more balanced market.
2. Interest rates are up. Money is a bit more expensive for buyers than
it used to be. This is the main reason our market is shifting.
3. Our market is better for buyers. There are fewer bidding wars and
less competition.
4. There are more opportunities. More homes are coming onto the market,
so people looking to move will have more choices.
5. Your situation is key. No matter what is happening in our market at any
5. Your situation is key. No matter what is happening in our market at any
given moment, your personal situation is the most important factor when
determining whether or not to buy or sell.
If you have questions about your situation or anything else, please
call or email me. I look forward to hearing from you.
