Although mortgage rates are increasing as well as today’s home prices there has been a significant increase in housing inventory. This allows home buyers more options in their price range without feeling like they are in a pinch to decide.

To give you an idea, here is a little market update in Belknap County. According to Paragon, as of today there are 156 Active Single-Family Homes for sale in Belknap County. An additional 196 homes are Contingent or Pending and 108 have Closed in the last 30 days with an average sales price of $425,000 with an average day on market of 29.

If you are ready to start your home search now is the best time to take advantage of the increasing supply of homes in the area. Our team of real estate advisors would be happy to help get you on track to finding the right home for you!