3 Reasons to Buy a Home in Today’s Shifting Market

3 Reasons to Buy a Home in Today’s Shifting Market

  • Dennis Hartley
  • 08/17/22

The housing market is moving away from the frenzy of the past year, and it’s opening doors for you if you are thinking of buying a home.

  1. There are fewer multiple-offer scenarios; June 2022 found 3.4 offers compared to April 2022’s 5.5 offers. As buyer demand moderates, the intensity of bidding wars appears to be easing.
  2. Not as many homes are selling above asking price – April 2022 had 61%; June 2022 had 51%. Fewer buyers are bidding over asking price, yet it’s still a competitive market.
  3. The supply of homes for sale is growing. Housing inventory is increasing, which means there are more options for your home search.

If you’re ready to buy a home, now may be the moment you’ve been waiting for. Let’s connect to start your homebuying process today.

 

Photo by Gus Ruballo on Unsplash

Work With Dennis

With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.