What Is Going On In The Housing Market

Dated: 01/23/2019

Views: 148

What is going on in the housing market? This comes from the Wall Street Journal, however, I have seen several reports from different sources.  Are we experiencing a national real estate slow down?  The bottom line I get from this and my experience day in and day out as a professional real estate agent is that now is still a great time to make a move. Especially if you want to upsize.


Why do I say this? Where is the buyer market and where is the seller market?  Inventory in our area is low. It is low in the first and second-time price ranges. It is not low in the upper price range. If you sell now and move up there is a good reason to suspect you will sell in a seller market and buy in a buyer market. That is a win-win for you. 


What about first-time buyers/renters? The purchase market becomes a little more challenging. Buying is still more financially beneficial than renting. However, your parent's basement may be less costly. In a market like this, a first-time buyer should engage a full-time buyer-agent. Our team has a specialist available for you. Come and interview one.



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