Real Estate Market Update – August 2020

As of have been hearing from us all year long, inventory of homes for sale continues to be an issue in our market. As illustrated in the graph above, the two toughest price points are $200-299K and $300-399K. These two price points need many more listings to fulfill the demand in the market. It remains an awesome time to sell with average days on the market at a quick 31 days. As far as buyers? We aren’t going to lie and say it is easy out there. We are here to guide you through the process and insure that you make an investment that you won’t regret. Interest rates continue to be near all time lows. Have questions about your specific situation? Give us a call today.