Happy Thanksgiving! People have been very curious about what the real estate market will be like next year. If the below graph is any indication, the market is going to be very strong. Low inventory and low interest rates fueled demand and the rise in home prices this year.
With the inventory of homes for sale ending this year lower than last year it will most likely start 2018 lower than 2017 which was lower than 2016. This can be frustrating for a home buyer but good news for someone that wants to sell their home. If you are planning a move in 2018 feel free to reach out now to start planning. You will need a strategy in place especially if you are going to be buying another house.
Let’s talk! Travis