Mid-Summer 2021 Market Update
The real estate market is still hot, however, we have seen signs of seasonal slowing typical for mid-summer.
A few signs indicating a slight change in the market include An increasing amount of time it's taking home to sell. A decrease in the number of multiple offers and some homes not receiving multiple offers. Lastly a decrease in the percentage of homes that are selling above the list price.
If you are thinking of selling pay attention to the temperature of the market. You can still sell quickly and can still get top dollar. It is still the greatest seller's market in the history of real estate, however, have realistic expectations as you enter the current market
If you are a buyer, there's a little bit of opportunity in the market. The market is slightly less competitive than it was 3 or 4 months ago, and many buyers are now getting their offers accepted faster.
Join me on my latest market update video as I discussed the current market status.