Should You Consider Entering the Market Now?

The market is doing much better this year and homes sales are starting to slow, which is expected in the fourth quarter. The inventory is going up and prices are holding firm and this should stay as long as the job market remains strong and interest rates don’t rise too much more. This creates very affordable housing in Pensacola. We are also seeing many of our homes with multiple offer situations. Even though prices are rising as quickly as they were, inventory is a point where buyers are starting to enter the market because interest rates are rising and moving to capitalize on them. If rates do rise, this will make housing less affordable and prices could fall, making now a great time to sell as well.

If you have further questions, visit my website, give me a call at (850) 466-6920 or email me at GordonFirstTeam@gmail.com. Thanks and have a great day!