The statistics are a comparison of June 2023 and June 2022.
The chart below indicates:
Home sales are DOWN 20% from last year at this time.
The average sold price for a single family home DECREASED 2%
The average days on market has INCREASED by 2 days!
The amount of available inventory INCREASED when compared to last year this time.
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Sales are down. Home prices have decreased again!!
Inventory is still quite low and contributes to house prices only dipping on average of 2%..
As a Buyer
The Market is creating opportunity. Sellers are more willing to negotiate and homes you thought were not obtainable in the past are and have been in your favor. Lets talk!!
We have more bargaining tools such as Seller concessions, to lending interest rate 2/1 or 3/1 buy downs.
***You can always refinance when rates drop. They will drop and when they do the competition is back and house prices surge again.***
BUY BUY BUY BUY !!
Even if the home isn’t the perfect home, Buy and in a few years you would have generated enough equity to buy the perfect home.
Nobody got wealthy without owning real estate. It is a huge part of everyone’s financial success.
Treat your home for what it is. An Asset that is a tool to create Wealth, Freedom and a Better Life!
The LONG TERM FINACNIAL REWARD IS WELL WORTH IT!!!
CALL ME! **** 720-676-9484****
As a Seller:::
If you are looking to SELL!! Buyers are looking to buy your home.
We definitely need to talk, ASAP!!!
Home buyers are eager and ready to negotiate.. Lets talk and get your home sold!
Call me Today!! 720-676-9484