Real Estate News

Weekly Market Snapshot: January 2021

This environment calls for Weekly Updates.

Sales for the first week of December are up from the previous week.  But activity is still low. The time around the holidays is a traditional slowdown in real estate and businesses in general.

New Listings just outpaced Sales for the week.  I hope this trend continues because homes for sale are at an all time low and it’s having crushing effects.

It will be very interesting to see how the coming weeks unfold, and if New Listing continue to come on the market.  We will see what effect the  pandemic second wave concerns, stay at home order and deepening winter will have on the number of homes for sale.

WE NEED HOMES TO SELL! If you know anyone CONSIDERING SELLING now is the time! Do not “wait until spring”. Contact me!

It’s is still a very strong Sellers Market with low inventory and strong and competitive buying demand.

Any kind of well priced homes are selling very quickly and often for over asking price and with multiple offers especially in the under $700k price range.

We have changed how we do some things to work in a safe and responsible manner. Please let me know if I can help in anyway, I’m here to serve.

Be safe and be well!

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