Summertime and the Selling is easy! Buying… Not so much!
Another wave of buying began with the reopening of the economy in early June. Already short on inventory, home prices have continued to increase and selection has dwindled significantly.
This continued rally in home sales is further fueled by interest rates below 3% on the 30 year mortgage. Buyers are rushing to take advantage of cheap money. Provided the economy continues to strengthen, we are likely to see sellers continue to have incredible negotiating power.
If you want to take advantage of a seller’s market place, now is absolutely the time to call me! Have a great summer and don’t forget to use that sunscreen!