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I am not.
Inventory remains low and the demand is still there. Multiple offers continue to be common on most listings.
Anna Banana Kruchten P...
Not yet. 🤔
Thomas J. Nelson, REAL...
La Jolla, CA
Rising rates is part of the Real Estate mix and comes with the Real Estate cycle as does supply and demand and the ever shifting from sellers' market to buyers' market to investors market and the various combos of same. What never changes and remains challenging is navigating through the different personalities as one tries to do good business. Ahhh, Real Estate
The inventory in our area is very low. It will be some time before that fact changes.
Inventory and new listings are on the rise as expected at this time of year/
No. Rates have so far not impacted the amount of buyers or the amount of listings.
Four listing in the works this week.
An ugly ducking that has incredible sweat potential.
A pretty duck with tired mechanics.
A Prom Queen that will be blazing.
A Town House that is vanilla.
Nope, looks like rising rates may be doing the opposite and increasing activity lowering inventory.
No, and what rising rates?
Seeing CA, CO, NV, PA, NC, FL 11% increase in listings this week. 15% Buyers fatigued and looking to rent and wait. Other states still busy.
Homes come on the market, and get sold quickly. I wouldn't say it's a increase in inventory. What we have is an incoming wave of buyers moving to Phoenix area snapping up a homes fast.
No, and I don;t know how much lower inventory can get