Market is picking up
We are coming into a market where things are starting to pick up.
Historically, January is when people start thinking about making a move. We have seen that a bit sooner than expected this year. We have been putting multiple homes on the market and are seeing multiple offers in some cases. A couple reasons come into play.
Inventory is low
For one, inventory is low right now. If you are considering selling, now is the time to start acting on that by doing things to get your home ready.
Market Optimism
Secondly, a new President has created some optimism and, while there are mixed emotions on that, the stock market has recently done well and interest rates have held steady. Instead of going up to over 8%, we are seeing 6.5% to 6.75%. If rates go down, we expect the market to go crazy.
We are seeing a lot of optimism movement in the market where in the past people would hold off a bit.
If you are considering a move to sell or purchase a home, we would love to help. Please gve us a call at 616.344.9923.
HomeRealty 43 E 8th Street Holland, MI 49423
Posted by Luke Bouman on
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