Current Market Activity 📊

The end of December saw slowed real estate activity due to the Holiday.  Most of our ‘in progress’ deals closed right before Christmas, and again right before New Years Eve.  We saw a pick up in market activity, as far as property showings, just within the last two weeks.  We’ve had multiple properties go under contract that had been lingering, and some new properties experienced multiple offers with many buyers vying against each other to win the deal.  If you are wondering what it might look like to sell or buy property this winter, we’re happy to discuss possibilities with you based on our daily real estate experience.

👀 Looking Ahead

Property price points have not seen a big dip, up or down.  They’ve steadied for the most part, though this can be affected one way or another, depending on demand.  Speaking of – there is definitely pent up buyer demand, people who do want to buy homes.  (Remember our experience above with properties garnering multiple offers?…)  Rates have also steadied, and although we do not expect ‘non traditional’ rates this year, we are currently experiencing ‘traditional rates’, meaning, we’re in the norm!  Helping buyers figure out how they can financially purchase property is a part of our job that we don’t take lightly.  If it’s not the right time, we’ll help you with your home buying goals so that when you are ready, you’re in the best competitive spot you can be!  #teampower

Until next time…