Market Update: Signs of Change
This past year has been a notorious seller's market. Homes are flying off the market and far over their asking price. And on the buyer side, while the inventory is down, the interest rates are historically low. It has been an ideal time to make a move on both sides. It still is the best time, however, we are beginning to see shifts that indicate a changing market...
This ideal market is not going to last forever. If you are not currently in your forever home and plan on making a move in the next couple years, it would be a good idea to shift your timeline now. This way you can get the most out of your home sale or take advantage of this extremely low interest rates.
We are beginning to see inventory rise along the the time on the market, so if you have the opportunity to make your move now, do it. Now is the time to take action!