Anthony Wayne School District Real Estate Monthly Market Report
This report is updated monthly around the second week of the month to reflect the previous months activity. Check below the video to see the long term trends for this market.
Click the picture below to watch the video.
Click the picture below to watch the video.
There are some big questions that will be answered in the upcoming months about the real estate market in the Anthony Wayne schools area.
Inventories continue their strong downward trend with homes selling even faster while overall sales remain stable. Upward pricing pressure seems to be keeping a lid on demand but how long can that last?
We are not fortune tellers, but at some point it seems something has to give.
As long as interest rates remain low and the economy doesn't falter the demand should remain. The supply side of the equation is where the problems are. Sellers are afraid to sell because they may not find what they are looking for because of the low inventories. It's like Catch 22 has reached the housing market!
As always, some homes take longer to sell than others but that can be accounted for by either too aggressive pricing, a poorly prepared home, or a weak marketing effort by the agent. There are plenty of buyers waiting for homes, it's the agents job to get their listings in front of the right buyers.
If I can be of any help, please contact me at 419-779-6229.
Inventories continue their strong downward trend with homes selling even faster while overall sales remain stable. Upward pricing pressure seems to be keeping a lid on demand but how long can that last?
We are not fortune tellers, but at some point it seems something has to give.
As long as interest rates remain low and the economy doesn't falter the demand should remain. The supply side of the equation is where the problems are. Sellers are afraid to sell because they may not find what they are looking for because of the low inventories. It's like Catch 22 has reached the housing market!
As always, some homes take longer to sell than others but that can be accounted for by either too aggressive pricing, a poorly prepared home, or a weak marketing effort by the agent. There are plenty of buyers waiting for homes, it's the agents job to get their listings in front of the right buyers.
If I can be of any help, please contact me at 419-779-6229.
For a no obligation home valuation or general opinion for your neighborhood, please click the button below.
Anthony Wayne School District Long Term Real Estate Market Statistics
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