Posted on December 13, 2018 - 10:09 AM
by Your iHouseElite Team
Looking for balance in the real estate market ? After a few years of extreme appreciation and scarce inventory we are finally entering the next stage of change. Additional inventory has finally arrived. Prices are adjusting and depending on the area they have gone down 10%. This will get us into a more logical market, with some exceptions, we will not see the bidding wars and multiple offers. We are still in a vibrant economic region. We also avoid some of the crazy violent weather that effects many parts of the USA. Rates are still very low and with this added inventory buyers can finally get a choice when purchasing. The silver lining is "homes have equity" and move up buyers can finally be a player again. This is getting close to a normal market again.