In fact, if you review data from this time last year, you’ll actually see a decrease in the supply in most markets, year over year. This is exerting an upward pressure on pricing and resulting in many homes receiving multiple offers, however price appreciation seems to be somewhat muted by appraisals coming in below contract prices, forcing some tough discussions and sales below originally agreed sales price.
Buying or selling in this market can be tricky. If you want to make sure you get the most money possible for your home and not get taken advantage of as you purchase, you’ll want to make sure you have a professional partner in the process who is experienced and can guide you through it all, like the Ryan Reynolds Team! If you’re thinking, or even whispering about making a move this year, or investing in real estate, we can help…Contact us today! Helping You is What We’re Here To Do!