Local Market Update – February 2022
The local market in January looked a bit like the calm before the storm. Home prices took a pause from the frantic surges of last year, but if the sales we’ve seen in the last few weeks are any indication, the market looks like it’s heating up again. Inventory inched up in January but remains far short of buyer demand. Homes are selling fast, and for well over the asking price. Expect this spring, traditionally the busiest season of the year for home sales, to be hotter than ever.
Local Market Update – February 2022
The local market in January looked a bit like the calm before the storm. Home prices took a pause from the frantic surges of last year, but if the sales we’ve seen in the last few weeks are any indication, the market looks like it’s heating up again. Inventory inched up in January but remains far short of buyer demand. Homes are selling fast, and for well over the asking price. Expect this spring, traditionally the busiest season of the year for home sales, to be hotter than ever.