NWMLS Market Snapshot

Posted by Anne Watkins on July 8, 2020

NWMLS Market Snapshot

The June numbers are in! Inventory is low. There were 9,670 active listings last month.This was a decrease of 42% from last June 2019. Are you thinking about selling your home? This is the perfect time to do so. There are eager-qualified buyers looking for homes such as yours. Interest rates have fallen 5 consecutive weeks and are at a 30 year low. We expect to see interest rates on the decline through the remainder of the year. This is extremely good news for buyers. The lower the interest rate the more home the buyer qualifies for which means the highest return for sellers. 

Are your considering selling your home? Please call me. I'd be happy to talk to you and help you figure out if this is the right time.

ServingtheSound.com