What This Changing Market Means for You

Our market is changing quickly, and we want to make sure you know exactly what’s happening. 

It has been a wild ride. If you were a seller recently, you might have gotten up to 50 or 60 offers on your home. If you were a buyer, you’re probably close to leaving the market because you’ve had a rough time trying to purchase a home. 

"If you’re ready to buy or sell, now’s the time to do it."

Even with interest rates on the rise, we’re still seeing multiple offers on homes, but we don't see as many. Instead of 50 offers, there may be three to five, depending on the property. That’s why who you hire matters a lot right now. If your home isn’t staged or prepared properly, you won’t get any offers, especially if your home isn’t priced correctly.

If you’re thinking about buying a home, it is still a good time to do so. Let’s say the worst-case scenario happens, and the market crashes. It will bounce back in the next three to five years, and you’ll be able to sell for more than you bought. We always recommend you buy when you can, and when you find that perfect home, go for it. 

We believe the market will stabilize. It may drop a bit more, but not by much. We’re moving back toward a normal market, which is a good thing. If you’re ready to buy or sell, now’s the time to do it.