While August may be one of the hottest months of the year, fall is just around the corner. It’s time to take stock of how the summer fared for the housing market and consider what’s to come. Busy back to school days, a seasonal shift, and exciting new trends are taking place in the housing market this August.
June and July saw home sales enjoying a bump up from this time last year, signaling mounting consumer confidence and a market that just won’t quit. All major regions of the U.S. have enjoyed significant boosts in the areas of new construction development and existing-home average sales price. This spells good news for buyers and sellers alike—as buyers can eye contemporary homes being added to the market, while sellers can list with confidence.
There’s still plenty of time to enjoy the summer sun, but if you’re considering buying or selling a home in 2017, arm yourself with information and a seasoned agent today. Give us a call to learn more about what you stand to gain from diving into the local housing market this August.