The current housing market is a mix of high home prices and limited inventory, making it competitive for both buyers and sellers. But there’s some good news – there are more homes available now compared to previous years. Mortgage rates have been fluctuating, adding another layer of complexity to the decision-making process. Despite these challenges, the market is still going strong, with both buyers and sellers finding opportunities in this dynamic landscape.
For buyers, the increased number of homes means more choices and potentially less competition. This can make it easier to find a property that suits your needs. Plus, despite high prices, there are signs that they might stabilize or even drop in some areas, making now an excellent time to buy before prices climb again. Real estate is still a solid long-term investment, and purchasing a home now could be a smart move.
Sellers are enjoying the perks of high demand and low inventory. Even with high prices, there’s still strong interest in buying homes, especially in desirable locations. This demand, combined with the limited number of homes available, allows sellers to negotiate favorable terms and prices.
Whether you’re looking to buy your dream home or sell for the best price, staying informed and working with an experienced professional is key. I’m here to guide you through these changing times with personalized advice and expert insights. If you have any questions or need help, don’t hesitate to reach out: (919) 291-5704
Downsizing dreams come true!
Just sold!
1409 Dellwood
Another set of happy clients were in search and looking to downsize from the current large, two-story home, yet still wanted plenty of space to enjoy living and entertaining. Our team was able to find and secure this gorgeous brick ranch that boasts upgrades galore inside and out. Featuring a stunning open floor plan with hardwoods throughout, it was the perfect fit for their needs for living and desire to entertain. The chef’s kitchen is the cherry on top!
Congrats to our happy buyers! We wish you the best in your new abode!
Photo credit: Nick McLamb – Raleigh Real Estate Photography
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