We've had back to back weeks of 48 new listings, which might not sound like news to you, but that's 10 more than last year, and 18 more than this week in 2019. I know these numbers won't blow anyone away, but it is a healthy sign of how are market is faring in what is normally a very slow time of year. If you have been considering buying a new property, but are hesitant because of the competitive market, I say this; there are no current signs that the market is going to slow, and while no one is watching, interest rates have been steadily creeping back up. When you crunch the numbers, a higher purchase price combined with a lower rate (buying now) will save you thousands in the long run compared to a (possible) lower purchase price combined with a higher interest rate (buying later). If you would like to see an example of these numbers to help in you decision making, please feel free to reach out to me today!
