October 2018 Real Estate Market Update

October 2018 Market Update
The market has slowed down quite a bit.
Interest rates have gone up and the FED announced that they will continue to raise.
Inventory grew for the first time in a long time by 2,000 homes, but it’s still lower than it was this time last year.
For Sellers: Be careful not to price too high.
For Buyers: There may be more homes to choose from but the higher interest rates are, the less buying power you have.
Reach out to us for all your real estate needs! We will create an action plan and get you prepared to buy or sell your home.

I’m always here for you, your friends,and your family members. I would love the opportunity to answer any real estate related questions.

– Adam

 

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