Seriously, the headlines are completely insane! Talk about click bait! Don’t listen to the headlines, watch the trend lines!
The sales numbers are down because inventory is down. We have a couple recent stories of what’s really going on in our local market. There was a house that came on the market ($700K range) and there were 150 people through the open houses on Saturday and Sunday and 6 offers! We wrote an offer on a luxury property over $4 million dollars last week and there were 5 offers and the listing agent was expecting 2 more!
Buyers are coming back into the market. Properties that are priced right and in good condition are flying off the shelf, just like usual.
If you are thinking about making a move or have any questions, we would love to talk and help you map out your game plan.