After spiraling to new heights during the pandemic, the housing market is finally starting to cool. Home prices appear to have peaked in a growing number of U.S. markets, which makes the likelihood of significant price increases in the near future less likely.
Inventory levels continue to rise, providing more options to homebuyers who are still actively looking for a new home. Price reductions are also increasing, as sellers adjust to the new normal of this cooling market. The news that home prices are finally starting to come down while bidding wars are becoming less common is good news for buyers.
If you are considering selling, now may be a good time. Inventory, though on the rise, is still low. That means your home will still be in demand if you price it right.
Whether you are looking to buy or sell, I’d love to help. Let me put my expertise and experience to work for you. Reach out today and let’s get started: (919) 291-5704
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