An Encouraging October!
Last month’s market trends are encouraging. The higher interest rates and elections’ intensity didn’t hold back buyers and sellers. Savvy people took advantage of the slower market, which boosted our activity:
✅ Slightly fewer active homes at the end of the month.
✅ An uptick in the average sales price.
✅ Stable rate of activity.
And to boot – the Federal Reserve dropped rates once again! These are optimistic bits of news as we finish out the year.
So buyers, your incredible opportunity to negotiate to get the home you want remains! On the doorstep of the holiday season, competition could be even lighter, so let’s add homes to your shopping excursions!
Sellers have more confidence when the market is consistent. It’s easier to discuss pricing and start tackling projects to improve your home (which, if you can do that now, vendors and contractors are far more available). Reach out with all of your real estate questions: 719-963-6582 or tanya@parkavehomes.net.
