We’ve seen a huge number of buyers start looking at homes across all price ranges. Here’s what that means for the health of our market.
I’m going to tell you something that I don’t think you’ve ever heard from me before. I’m actually feeling good about the real estate market. I’m still cautious, but feeling good about the market nevertheless.
Since the beginning of 2017, we’ve seen a massive influx of potential buyers looking at all our properties across all price ranges. I don’t know how this will translate as the year goes on. I don’t believe it will drive prices up, but it’s incredibly encouraging to see so many buyers in the market across price ranges.
How will that affect you in the long term if the trend continues? Well, it all comes down to supply and demand. If more buyers are buying, supply will drop and prices will rise as demand remains stable or increases.
I think that’s something to think about and consider. I know it’s crazy to hear me be positive about the real estate market, but I am. In the meantime, if you have any questions for me, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.