May Market Update
Market Update infographic above for your viewing pleasure!
- Inventory shortages continue with high demand, continuing to drive prices up and causing homes (which are priced right) to fly off the shelf!
- We are seeing more and more price reductions/ corrections, which does slow down the market a bit.
- There is some speculation that interest rates will not end up rising, which will keep buyer demand and financial accessibility high.
No way around it, it is competitive out there, and potential buyers need access to knowledge and tactics to help them get the home they want!