Heading into February, some predict that more homes will be sold in 2018 than in more than a decade. What does this mean for your average buyer and seller?
For starters, new property construction is on a steady upswing, while competition is still strong among buyers. Bidding wars are becoming more common, and home prices are expected to climb right on track with recent year-over-year growth. The upside? Sellers are in an especially lucrative position when listing property. Meanwhile, buyers can take heart that desirable community amenities—a cool coffee shop or hip restaurant—are following new construction and rehabbed communities. This expansion means there will be more trendy neighborhood options brewing, expanding the market and creating more choice.
Buying or selling a home in 2018? The surest way to navigate a quick-paced market is to enlist the help of a pro. From sourcing your dream home to fielding negotiations, an experienced agent is an ace in the hole. Give me a call today to learn more about your options this year.