The Housing Market for Summer 2018
Posted by The New Home Spot on
The Housing Market for Summer 2018
Thinking about buying or selling your home but you're not sure what the housing market is doing? Let's dive right into what's going on in the housing market for Summer 2018. More and more people are looking to buy homes as we see growth in the lower end of the market place. Couple things we are seeing; there aren't enough sellers to let those demands, mortgage rates are still on the rise, and higher end buyers have more inventory to choose from. All these things make it an interesting market for both the buyers and sellers.
Inventory has grown 3.3% yet that doesn't include start homes, according to Trulia. "Starter homes have dropped to their lowest levels since 2012. What's available is expensive."…
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