Quick update: Inventory is extremely low right now. We are at 2 months supply of inventory; Under 6 months supply is not a balanced market. We are still in a seller's market.
The Average home price is $298,000 in the Metro Valley. Homebuyers under 300k price range can't even catch a break!
However, interest rates are at a Serious all time low (high 2's- mid 3's% currently). Currently a very challenging market for the average home buyer.....yet excellent for home sellers and luxury home buyers.
Our Latest update video regarding the real estate housing market, rate changes, the Economy and the Covid-19 coming up...you can also catch it on our YouTube channel this week (link in our Bio), stay tuned
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