This is a monthly contribution to the Blog by Greenwood realtor Doron Weisbarth
While the number of new listings in our PhinneyWood neighborhood had been rising for the last few months, so has the number of homes that are available for sale. Buyers who have an larger pool of homes to choose from and are acting more aggressively on the most desirable homes. Which helps explain why home prices are staying relatively steady.
To see the latest date and the full analysis online go to PhinneyWoodHomes.com.
Transition markets, in this case, from the summer market to a more active fall market, can offer mixed messages. The added layers of turmoil and uncertainty (elections, wars, hurricanes, interest rates, to name a few), causes many people to take a wait-and-see approach. Hopefully some of those issues will be resolved soon and allow people to make decisions with greater confidence.
If your goal is to sell your home before the end of the year, you still have time to get things ready so that you can jump into the market as soon as its activity level hits its stride. And if your plan is to buy a home soon, acting now will help you avoid the craziness of Q1, after inventory levels drop.
For a plan tailored for your specific needs, that accounts for market seasonal trends, call Doron Weisbarth for a no-obligation consultation. You can reach him at 206-779-9808.
