We are starting out May with lower inventory than March.
Within the real estate market up here in the interior, we have seen many more buyers entering the market.
People prefer to move during the warmer months because it allows for easier conditions and sometimes less stress.
Although the months of inventory is down, there are more pending listings which shows that the buyers are there and there are homes popping up for sale.
Competition has increased for buyers – which means that buyers who are looking for a home don’t have as much time to contemplate their decision. One thing to remember as a buyer is that if it the perfect home and you decide to make an offer, your negotiation does not have to stop there. The 15 day discovery period offers a great chance for you to be 100% sure the home is your next home.
If you have questions about how to be competitive in this market, give us a call!
If you are a seller, now is an incredible time to get your home out there and give it the most exposure you can!