Market Report 9.21.2021
Maybe you have been keeping an eye on the market wondering when will be the best time for you to jump in the ring. Things have been noticeably crazy the last year or so with multiple offers on almost every home and sales well above asking. Rates have been at levels that no one could have ever imagined either further fueling the frenzy so you had decided to watch this one play out. Well...I'm writing to tell you don't be afraid. Inventory is as low as ever and in the last two weeks it has stayed the same and demand has dropped just slightly. Now could be the time.
There are still homes for sale and sellers on the market at this time of year are serious about selling. If you are considering a purchase I encourage you to reach out. The rates will increase...it isn't a matter of IF but WHEN which will only lead to higher monthly payments in the future with homes still achieving appreciation. To find out the latest in the Orange County housing market, be sure to check out the link for the report from Steven Thomas.
We are here to help you navigate the potential properties that will meet your desired criteria, preview homes and ultimately negotiate for you the best purchase. In a market with such tight inventory you want experienced agents that will guide you through this process. We will have your best interests in mind every step of the way.
With all that is going on, we are very thankful for the opportunity to assist you with your real estate needs and look forward to hearing from you again soon.