๐ October 23, 2024 Real Estate Market Update! ๐ก๐
Inventory remains steady at 732,400 homes, but expect a drop as winter approaches. ๐จ๏ธ๐ก Price reductions are slightly up at 40.1%, which is normal for this time of year. Interest rates? Holding steady. ๐โจ
For Buyers: Donโt wait for rates to drop! Lock in great winter deals now. ๐๐ Rates typically fluctuate post-election, so start your search today! ๐
For Sellers: Buyer activity has slowed due to rising rates. Price competitively and act fast to secure offers. ๐ฐ๐
For Investors: Build-to-rent housing is gaining traction! Institutional investors are eyeing long-term rentals. ๐๐๏ธ
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๐ Looking to buy or sell? Contact me today! ๐ฒ
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