LISTINGS STILL AT HISTORICAL LOWS

According to Realtor.com, nationwide inventory is about 1/2 of what it was pre-pandemic. So long as the demand continues to outweigh the availability it will remain a seller's market even with rising mortgage rates and unbridled inflation. There is some good news for buyers, industry experts are predicting in the near future a return to the more traditional appreciation rates of 2%-4%. What this means for buyers is that home pricing will not climb 15%-20% annually like we have witnessed the last 2 years. For the best buyer & seller advice, reach out to us anytime. Wishing you all the best, Ron, (207)729-2134 or ron@harpswellrealty.com