Hello Buyers & Sellers!
The Real Estate Market is changing. Where 2020 was somewhat slow, 2021 took off and 2022 continues to be strong. A shortage of single family homes on the market continues to drive prices upwards as we go through February and March...
The balance between the amount of Buyers and Sellers is in favor of Sellers at the moment.
The Mortgage interest rates range between 1.25 % and 3% (depending on the type of mortgage) making affordability possible for most people but Inflation is starting to find its way into our economy so Interest rates will most likely rise to curb this.
Thinking of Buying or Selling?
Give me a call...
