High Demand

Dated: 03/12/2018

Views: 127

Inventory has been deteriorating but buyer demand is strong. With inventory declines, buyers contended with rising mortgage rates.Strong local labor markets helped keep buyers enthusiastic about homeownership.

The effects of the inventory shortage and strong demand are felt in affordable price ranges, with homes that do get listed, selling within days and above asking price.

With mortgage rates and home prices rising one in five homes are selling above asking price.Buyers are contending for a diminishing supply of homes.


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Dianne Kay

OVER 30 YEARS EXPERIENCE: Whether you are a first time buyer or an experienced investor it's important to have confidence in your real estate professional. My commitment as your local REALTORĀ® is ....

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