Prices Up, Market Shifting
The boom market that began at the start of 1997 is now in transition. Although prices in our area and the inventory of available homes continue to rise, the percentage of homes sold is dropping. As time goes on, this could make purchasing significantly easier for buyers. Right now, however, we are at the beginning of a change that is not totally predictable.
If you accept that the market is wavering, and react accordingly, you will make better decisions. Conversely, denying that conditions are in flux could lead to costly mistakes.
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