Summer is almost here and this is what you can expect in the Real Estate market in the next coming months.
The housing market is still favoring sellers. There is still a high volume of buyers actively looking in the market. The higher interest rates helped the market stabilized a bit. Sellers should still do their due diligence and complete the necessary upgrades and repairs
prior to listing!
For buyers the higher interest rates boxed out some of the competition and we are experiencing a slower number of bids on homes, that is good news. Home prices are still expected to rise but at a more modest rate 2%-5% not the 20%+ that occurred in 2021.
ATTENTION all potential sellers - NOW is still the Best Time to SELL!
If you know anyone who is thinking about buying or selling have them call
Blackstone Properties today, we would love to assist!