Buyer demand has increased dramatically over the past few months,
and our spring market will be much stronger than originally anticipated.
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If you’re a seller, are there buyers out there willing to buy your home?
If you’re a buyer, is there a lot of competition out there vying for all available properties?
Let’s answer these questions. Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even some belief that we’d experience a housing crash similar to the one we saw during the previous decade.
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Whether you’re a buyer or a seller, the advice
and guidance of a real estate expert are invaluable
in terms of getting the best deal possible.
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However, according to recent reports, buyer demand increased dramatically in the months leading up to our spring market. This increase in demand was caused by an increase in buying power. According to a recent blog post from the NAR, purchasing a home has become more affordable, which has increased demand. Falling home prices and falling mortgage rates also contributed to buyers’ increased buying power.
The bottom line is this: Our spring market will be much stronger than originally anticipated. Whether you’re a buyer or a seller, the advice and guidance of a real estate expert are invaluable in terms of getting the best deal possible, and we’d be happy to give you a free consultation and strategize how you can navigate this market with ease. Just give us a call and we’ll pencil you in.
As always, if you have any other real estate questions, feel free to reach out to us as well. We’d love to help you.