Check Out These Expert Market Predictions

What’s happening now in our local real estate market, and how will things play out through the rest of this year? Find out in today’s message.

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Now that we’ve entered the new year, we’d like to take a moment and share our predictions for what lies ahead. Will our market cool off? Will it stay hot? Let’s discuss these points and more.

First of all, our team doesn’t anticipate a market slowdown as we progress into 2019. There may be periods of cooling, but we believe conditions will remain hot in general. Why? Well, there’s still not enough inventory to sustain current demand. Builders are selling out more quickly than they can build, and there are fewer resale homes on the market, as well.
I don’t have a crystal ball, but these predictions are my best estimation of what the future of local real estate will hold.
Beyond the low inventory, interest rates are still historically low. This, along with currently high rental rates, serves as a strong incentive for people to get out in the market and buy.

Of course, I don’t have a crystal ball, but these predictions are my best estimation of what the future of local real estate will hold.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

1 comment:

  1. Nice post enjoy every bit of it.
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