Where Do I Think Our Market Will Be 6 Months From Now?

3 October 2017

Where do I think the market is going to be in the next six months for sellers? To tell the truth, I think things are likely going to be very similar to where we are now.

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Where is the real estate market going to be in the next six months for sellers?

Personally, I don’t see anything changing in the market in terms of inventory. This means that now and likely in the future, what is driving and will continue to drive the market is a lack of inventory.

Interest rates are very low and more and more millennials are coming onto the market.

Builders haven’t been able to keep up with the low inventory and the demand for property. So from a new construction standpoint for the new year, it likely won’t be much higher than last year.

A lack of inventory continues to drive our market.

If the interest rate stays where it’s at and the economy maintains its current conditions, I don’t see many changes coming to our market in the next six months.

Ultimately, I predict that our market will be in a similar condition for quite some time.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.