What's happening in Q4? Will the real estate market take a fall? That's the question. Fall is the second busiest time after spring, from January to June. Then, we see activity pick up in September, October, and November as we head into the holidays.
We're in that phase now, and the big question is, will we see a market decline?
Fall is here, and there's growing inventory. Rates are stable in the low sevens, despite earlier predictions. This market trend is expected to continue.
For buyers who missed out earlier this year, there's an opportunity now, especially if you have specific needs like a growing family or downsizing.
For sellers, this is an excellent time. Motivated buyers are out there, even with higher rates.
Expect a slower-paced market with accepted inspections and competitive but not hyper-competitive situations. If you have questions, schedule a call with our team! https://calendly.com/tomtoole/call