As we enter the second half of the year, one thing is clear; the current Real Estate Market is one for the books. In 2020, the number of homes available to the marketplace fell to an all-time low and continued into the first half of 2021. However, in the last few months, more inventory is starting to enter the market for sale each day. This is good news for buyers that haven’t found the home that fits the bill yet.
Even though homes are coming up for sale each day, inventory remains a challenge in most states. With the lack of inventory coupled with high demand, high buyer competition and bidding wars are still a factor. Buyers are going above and beyond to make sure that their offer stands out from others.
If you are a buyer and want to make sure that you offer stands out in a compelling way, it’s crucial to have a trusted real estate advisor on your side. We can help determine what terms are best for you and what is most appealing to the seller.
All and all, if you are thinking about buying or selling, don’t wait! Reach out to our office today, we have a great team of real estate professionals that can help you take advantage of the conditions we are seeing in today’s real estate market and help you achieve your home ownership goals.