From The Desk Of Ryan Reynolds – December Market Comments

From the Desk of Ryan Reynolds...

Low And Steady

Depending on your point of view, “Low and Steady” can mean a lot of different things.  I could be talking about a great new recipe that I have for pork loin for my home smoker…delicious!  “Low and Steady” could also be used to refer to the mortgage interest rates, as they have continued to remain very low and seem to be steady.  But, in this case I’m talking about the real estate market.  “Low” as in low inventory and “Steady” as in the steady sale of homes.  That’s the best way to describe the market over the past few months and what I see continuing through winter.  I am expecting that the current low inventory situation will continue for quite some time and that the volume of sales will be steady.  We are off the highs of this past summer in terms of sale price (we’ve seen somewhat of a retraction) and we are still seeing homes consistently sell in less than 14 days, on average.  But those are just averages, and your home and your situation is unique.  The good news is that my team and I study the market daily and we can guide you smoothly through the process (as we have for more than 100 other families already this year – the second straight year in a row!).  If you or anyone that you know are even thinking of buying, selling, or investing in real estate, call us, we can help! 

Helping YOU is what we’re here to do!

 

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