Posted by Mark Gellman on Monday, July 12, 2021 at 8:27 AMBy Mark Gellman / July 12, 2021Comment
Welcome to another edition of Mark’s Market Update.
The month of June continued with inventory weakness, the lowest inventory in the last 10 years.. Less than 1 month of inventory now , BUT...........
For buyer’s there’s good news: we saw a bump-up, almost 1.5X the inventory of previous weeks, this week after the 4th of July. It’s trending to almost 2X the inventory of previous weeks which is great news for buyers.
Summer is in full swing, travel is starting to pick up, and others are getting back and settled and now want to sell their home.
All the good news for home seller prices and many want to take advantage of the market. They are looking at right now as the optimum time to sell!
If you have any questions overall about the market, you want to understand home values, home evaluation, what it takes to prepare your home for sale, we’re happy to meet with you.
Buyers it looks like we’re starting to see some inventory come on the market, which is great for you.
If you have any questions please reach out, thank you!
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