Hot in spots. That’s how I’d describe this summer’s real estate market.
“Spots” by my definition can be both geographic locations and it can also be price points. As a general statement, almost anything under $250k is moving at light speed on and off the market, the range $250k – $500k is moving but is more balanced, and the range above $500k is balanced or even leaning towards a buyer’s market in places. Also, as a general rule, homes that have been completely updated are being awarded with a considerable premium over homes that are even just somewhat dated. As interest rates continue to rise, I expect the market to cool, so we may already be past the peak and entering a period of slower growth. With all these different factors in play, navigating the market today can be dicey at best. The good news is that my team and I have the experience, knowledge, and skills to guide you through it. If you, or anyone that you know, are even thinking about buying, selling, or investing in real estate this year, CALL US, we can help!
Helping YOU is what we’re here to do!