August typically has a slow down period. But not this year, inventory is still low across the regions giving sellers generally their asking price and some a lot over what they are asking. This makes it difficult for buyers in this market.
Sales are down due to covid, however home owners have seen a double digit increase in their home values.
Buyers: Need to be educated more on the market so you don’t continue to loose out in bidding offers.
Sellers: Now is not the time to do it alone. Chances of you leaving money on the table in this market is higher.
Now is more important than ever to make that call to your trusted realtor! Email me or call 519-865-0078 today to get your free home evaluation.