A' FALL BACK' IN THE HOUSING MARKET

Posted by Hawkins-Poe on September 20, 2022

A' FALL BACK' IN THE HOUSING MARKET

A ‘FALL BACK’ IN THE HOUSING MARKET:


1. An increase in days on market (DOM);
2. Home buyers will have a better selection (+ in inventory);
3. Home prices will stabilize or possibly decline.
Does this mean we are due for a crash? Experts say NO. This
is just a plateau, not a bust. Inventory remains stretched,
with demand on high, while homeowners’ equity reaches
an excess of 65%. The next 3-5 months will be the best opportunity buyers have had in the last 2 years. For the wise
home seller this is the time to use their enormous equity
to their advantage. We are finally on our way to a more
balanced market after a 12-year incline since 2010.

Thinking about buying
or selling your home ?
I can help make the process easy, let's get in touch today!
https://lesliesellshouses.com


1215 Regents Blvd
Suite 1A
Fircrest, WA 98466
hawkinspoe.com