“Lets Talk Real Estate!” HOUSING MARKET” August 14th, 2024

Jarlynn Hyde“HOUSING MARKET”

With the topic of real estate dominating the news the past few years, viewers have heard the words “housing market” more than once.  There can be some confusion as to what that means.  The housing market is all the properties bought and sold either via real estate agent or directly from the seller.  It is constantly in a state of flux and depends on the law of supply and demand.  The success of housing market depends on factors such as demographics.  Larger markets in more popular, sought after locations have more consumers, resulting in a higher demand for homes.   Interest rates also affect the success of the housing market.  Lower rates encourage potential buyers to leap into home ownership.

Timing is an important aspect of just about everything we do.   Time to buy or time to sell?  Considering making an investment  in your future, or contemplating taking advantage of the investment you made years ago when purchasing your first home?  When it’s time to make a real estate decision, it is time to call us, because a dedicated real estate agent can mean the difference between a housing lingering on the market and one that sells quickly at a good price, or a house-hunting expedition that lasts a few days versus one that persists for weeks. “OUR SUCCESS HAS BEEN BUILT ONE SATISFIED CUSTOMER AT A TIME.”

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