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What kind of a housing market is it right now?

What kind of a housing market is it right now?
Asked By Felipe | Portsmouth, NH | 324 views | Market News Trends | 1 year ago
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123 Answers
Chris Yochum

Dickson Realty

(19)

Every neighborhood can vary in market conditions depending on location, price point, schools, amenities and much more. Most markets I understand have low inventory which makes it better for seller, though interest rates climbing causing buyers to afford less makes for an interesting market. Most areas have less sells then previous months but still quite active.
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Rising Star
15 Answers
Janet Stanek

Lake Homes Realty

(16)

Felipe, while markets vary depending on the area you are in, overall we are in a bit of a cautious market. There is limited inventory in most areas, and that and the higher interest rates make sellers leary about putting their home on the market and not being able to find their next property. Buyers are also cautious due to interest rates and competitiveness for the properties on the market. It is still wise to stay active in the market to keep abreast of what is going on in your particular geography and this trend can change very quickly.

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