This is your friendly reminder that this seller’s market will not last forever! 📣
➡ If you have considered selling, don’t wait! NOW is the time. We are heading into the Fall market, where there is less competition (and still very low inventory), and buyers are more serious and motivated to move quickly, before the busy holiday season and bad weather set in.
➡ Buyers – don’t get discouraged, bidding wars and low inventory will not last forever! We have already seen a slight shift in the market. In certain areas, you may be able to negotiate more buyer-friendly terms with less competition.
Although it is starting to normalize slightly, the housing market is still benefiting from the perfect storm created by the pandemic of extremely low mortgage rates, the desire for more space inside and out, and the popularity of remote working.