Published July 1, 2022
Don’t Buy Before Seeing This Market Update
What this shifting market means for both sellers and buyers.
The market is definitely changing, but is it all bad? Not in our opinion. Interest rates and inventory have been rising at the same time, and things have evened out. Prices are still rising, just not as quickly as before. As a result, sellers need to be more realistic with their pricing, and buyers have more opportunities.
The Federal Reserve keeps raising interest rates to curb inflation. The money in your bank account is losing value, so now is the time to invest in hard assets. Real estate is the best hedge against inflation. We’ll continue to see this real estate market tick up as people flee the stock market.
If you have any questions, don’t hesitate to reach out to us by phone or email. We look forward to hearing from you.
