Tuesday, May 2, 2023 / by John Salkowski
Don’t Let The Market Pass You By: The Latest Housing News, Explained
Here’s what you need to know about the state of our housing market.
What’s going on in our housing market? Today, I want to briefly update you on the latest housing news from our area.
Before we discuss the state of the real estate market, I would like to acknowledge our sponsor, Dan Evans from Northstar Mortgage, who can help with pre-qualification, pre-approval, or refinancing. His information is available on the screen at 0:12 in the video.
Now, back to our market. Currently, inventory in the market is very low, while the demand from buyers remains high. For instance, we showed some homes to our buyers over the weekend, but they did not select them. However, the agents informed us that they received multiple offers, with the highest being 37 offers as high as $50,000 over the asking price.
If you or someone you know is considering selling their home but is unsure, please reach out to me for a free consultation. I can discuss how this market offers the potential for higher returns on your home than any other market.
If you have any questions, feel free to call or email us for a free consultation. We look forward to hearing from you!