The January numbers are in and 3 very interesting things stand out:
1. Buyers are re-entering the market
2. We still have an unbalanced supply of homes.
3. Market time of homes has increased.
What does this mean overall? It means that there are fewer but more serious buyers. There still are not enough homes available. Buyers are taking their time and not making a rush decision with their purchase. With interest rates stabilizing and a strong jobs outlook , the Fed will be cautious with raising rates too much, but you won't see rates bottom out anytime soon.
If you are looking to enter the market, be it buyer or seller, it's a great time to have a strategy session to determine when and where you want to be, what you can afford and what to expect in this market. So let's talk about where you want to be in the next five years and how we can get you there! #realtor #marketwatch #tinleypark #orlandpark #southsuburbs #homebuying #homeselling #youragentrobyn #bhhsstarck