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May Phinneywood Housing Market Snapshot

This is a monthly contribution to the Blog by Greenwood realtor Doron Weisbarth

The spring real estate rush is on! And so far, it’s looking great – especially for sellers, but some good opportunities for buyers as well. Prices are up and sale time is down to less than a week. Buyers are out in full force, but many sellers are still holding back. With little competition, this spring is a great time to sell! You can see the full report online at PhinneyWoodHomes.com

Buyers are enjoying more stable and predictable prices. While we still see multiple offers, we’re not seeing the kind of crazy bidding wars that we characterized the first quarter of last year. With mortgage interest rates still in the mid 6%, some buyers are still proceeding with caution, but when a great home hits the market, it gets a lot of good attention.

Getting the most from your transaction takes skill and a great understanding of the market and the process. For a free, no-obligation consultation, call Doron Weisbarth at 206-779-9808.