Inventory remains low and days on market are trending down in many cities. With mortgage rates up, it’s not a surprise that the percentage of home buyers paying all cash is the highest it has been in 8 years. Overall, homes are selling quickly and for over list price. Although home prices are down month to month, prices are up from where they were last year, year to date.
What does this mean for you? Qualified buyers are looking to take advantage of lower competition as many are still outpriced. If you find a home you love, it’s always the right time to buy! Contact us to make all your real estate dreams come true.
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