Everyone’s asking the million dollar question–“How’s the housing market?”. The answer to that may come as a pleasant surprise to many of you!
Keeping Current Matters put together this great infographic that supports numbers rolled out by the National Association of Realtors and Freddie Mac. And you can see, despite inventory of houses available to buyers being at a record breaking low, sales of existing homes reached their highest since 2006! So, although price points are still not where they were, they continue to climb year after year!
With interest rates holding low around 4% +/-, $0 money down, Down Payment Assistance & Partner Match Programs all still available, first time home buyers are still actively house hunting throughout the Winter!
Sellers with homes that show well and are priced well will most likely have their home under contract before any “would be” competition lists in the Spring!
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