There are a number of (often confusing) factors that impact the housing market. Broken down into the simplest possible terms, however, when the following elements align, they tend to produce strong home prices and a booming housing market:
- More tentative home buyers in the market than homes for sale
- Low or falling home loan interest rates
- A thriving or growing economy
The most recent numbers are in, and they suggest that home price growth will strengthen this summer. If you’ve been thinking about selling your home, the time is now.
Ready to list your home? Got questions? I’m the broker for you… Let’s start the conversation.