Hi, HAPPY NEW YEAR!!!
There’s a good chance that low inventory and increased demand will begin to push home prices higher very soon.
Currently there are only 5,012 homes for sale with 2,587 homes currently in escrow.
It seems that almost overnight, buyers have come to realize that interest rates will be higher for the foreseeable future and if they want to own a home, why wait.
We aren’t seeing homes sell for well above list price, but believe or not, we’re seeing multiple offers again.
Prices are flat and have been on the downward trend for months. It’ll be interesting to see what the spring holds.
WHAT IS MY HOME WORTH?
Selling your home?
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