Today we’ll be giving you a quick recap of what we’ve seen in our market for 2018, as well as what we predict for the new year.
It seems we’re finally finding ourselves in the shifting market everyone keeps talking about. The beginning of 2018 was more of the same seller’s market we’ve seen for the past few years, but the end of the year has spelled a different story. Things have slowed down, inventory has increased, and for the first time in years, we’re about to be in a balanced market.
If you’re a seller, now’s the time to sell before things shift further. From what we’ve seen, the shift from a seller’s market to a buyer’s market has already happened. So, if you’re a buyer, opportunity is knocking. However, there are still some pockets where the market is great for sellers. Though the market is shifting overall and we won’t be enjoying the same increases we had in the past, we believe things will stabilize next year.
Whether you’re looking to buy or sell, have any questions, or need more information, reach out to us. We can give you a detailed look at your local market and help you decide the best steps to take going forward. Until then, we look forward to hearing from you.