2017 Real Estate Market


Posted by on Jan 25, 2017 in News

2017 Real Estate Market

For the past 3-4 years, the real estate market has started out with a bang!  "Experts" often disagree what the market will bring.  They have big data, lots of research, lots of indicators...and they aren't always correct!  We expect the market to be good again this year.  Maybe things have slowed a bit from the frenzy of 2013-2014, but our area has diversified enough that our home sales have not suffered.  We understand that interest rates cannot stay at these historic lows forever, and we have already seen them rise a bit.  Builders have more inventory now, which has increased the "seller's market" for the past several years.  Homes have been staying on the market slightly longer these past few months, but the days on market (DOM) should shorten once we get closer to the spring selling season.

If you are thinking about buying or selling, call us.  We know the market.  We know the area.  We can help.

Kathye Warfield