What’s Been Going On?

To sum it up, the market is moving at full speed. Lately, we have been seeing rising interest rates and so have our buyers. Inventory has been relatively low and the new listings coming on the market that are appropriately priced aren’t lasting long. Many of our listings have sold with multiple offers, and at over the asking price. It remains a good time to sell a home, as competition is low and buyers are waiting for listings to hit the market. We have seen homes in the $150K-$210K price range selling particularly fast. Historically speaking, things start to slow down a little more into August as we head into the cooler months and less buyers desire a fall moving season.

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