We are seriously having a challenge with low inventory right now, especially under the $400,000 price point. With low inventory and very low interest rates, the pandemic has not stopped the consistent home price growth we have witnessed recently.
America has faced its share of challenges in 2020. A once in a lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways.
Even with all of that uncertainty, the residential real estate market continues to show great resilience. The experts seem to agree that residential real estate is doing remarkably well.
The housing recovery has been nothing short of remarkable. The expectation was that housing would be crushed. It was—for about two months—and then it came roaring back. If you’re thinking of jumping into the housing market (whether buying or selling), this may be the perfect time.
If you’re interested in purchasing a home and need help getting started, reach out to a us today at 480-788-4118 to take advantage of the support available to guide you through each step of the way.
Awni and Chantell
"AWNTEL"
We share strategies, Real Estate investing advice, Insider news & current housing market updates..
Realtors specializing in Real Estate Investing
Sell • Buy • Invest • Multi-Units
480-788-4118
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