We are still in a Sellers-Market.
Though under the covers, there are signs of market moderation. Home appreciation has slowed (not yet a large sample size), interest rates have plateaued (and actually fallen slightly over that past few weeks), and we are entering the 2nd half of the calendar year where traditionally there are fewer buyers out shopping (decreased demand). This seasonal decrease happens every year and should help moderate the low inventory.
Over the next weeks and months UBG will continue to monitor interest rates, housing numbers and general economic conditions in order to help guide your buying and selling decisions, your best resource is your personal real estate professional. If you are thinking of buying, selling or investing, a REALTOR® is your best source of information, tailored to your specific needs and situation.
data source: armls