Health & Fitness
Ready ~ Set ~ Go~Market Changing!
Demand ratios show that local markets are turning and becoming a sellers market.
Screech....that's the sound of the real estate market changing!
Get ready....it's a seller's market!
I've attached a copy of our weekly demand ratios showing listings active to pending ratios for various areas and price ranges. Many expect this summer to be a great time to sell, which means now is the time to buy bargains...if you find the right home!
More people looking to buy and finding the right home creates pressure on the market and pushes the price index higher. Sellers feel better about finding another home to move into after they sell their home. If the trend continues, the sellers will be enjoying more of the market with more inventory introduced to the market, and bargain prices may be lost to competitive pricing.