Published August 13, 2021
What’s Going on in the Market?
Written by Northfork Realty
Don’t believe the misinformation about a housing crash on social media.
There's a lot of information out there, especially on social media and YouTube, saying that the market is crashing. This week, I got three text messages asking if the market was going to crash. All the numbers we have indicate that isn’t going to happen. Rather, we’re experiencing buyer pull-back because sellers are getting a little too harsh with prices. Just because it’s a seller’s market doesn’t mean you can price inappropriately.
We continue to see double-digit growth. Lewis County was No. 1 with 54% growth from 2019. We put 188 listings on and sold 186 listings last month. August is the last month of the summer before we typically see a market lull, but demand will stay high through 2022. The market is steady and hot, so list your house, price it appropriately, and make sure the condition is good.
If you need help or advice, please feel free to reach out to me.
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