Here are seven realities buyers and sellers should know about our market.

Are you still planning on buying or selling in 2021 but haven’t pulled the trigger yet? There’s a lot you need to know about our real estate market. I recently came across an article about seven realities buyers and sellers should prepare for this year that I want to share with you. Even though we’re nearing the end of March already, these realities persist:

  1. Low inventory, high demand, and multiple offers
  2. Buyers will pay for overpriced homes
  3. Overpriced new investor opportunities
  4. Increasingly accelerated transactions
  5. Leaseback and post-occupancy after closing
  6. Challenging appraisal values
  7. Overcrowded and overvalued markets

You can read the article in its entirety here. If you have questions about this topic or would like help preparing for a home sale or purchase, don’t hesitate to reach out to me. I’d love to speak with you.