The Housing Market Shift
Alicia Chmielewski
?? The LuxuryHomeAuctionGirl ???? | ? Real Estate Sales & Auction Advisor | ???? Proudly serving clients in Dallas/Frisco Texas & across the USA ????
It’s common knowledge that our economy and housing market are changing, and changing rapidly… ???
There are currently approximately 509,000 ?? single family homes currently available on the market. (This is the highest amount in nearly 2 years along with being 31% more than last year at this time according to Altos Research.?The interesting thing is that this is still quite low in comparison to years prior to 2020.)
Many ?? home buyers are happy to see that stability is finally returning to the marketplace.?Buyers now finally have a chance again! ????
Might new construction ?? homes be contributing to the increase in inventory since more new builds are now available to be purchased??Perhaps.??
Fun Fact: 1/3 of all single family homes currently on the market have had at least one price ?? reduction.?Inflated pricing is now a thing-of-the-past.
Will home inventory, interest rates, and the state of our economy effect the overall housing market and pricing??Naturally.?The extent of which will be interesting to see.?What do you expect to see in the housing market?
If you are a property seller or listing agent who’s tired of chasing the market via price reductions and are ready to have buyers compete to purchase your listing, it’s time we talk. Call me at ?? 469.300.1230 and let’s review your options.