Sellers market for homes $350K = Time to Move up!
Posted by CW Ross
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HAR just released a report consistent with what I'm seeing in the current market. Market is up from last year for homes to $250K, with multiple offers not uncommon (sellers market). $250-350K Still neutral market, more inventory but bringing out more buyers who didn't want to be in bidding wars, $350-500k Market is slightly down (beginning to favor buyer), $500K+ down 12.5% (buyers market). Sooo If you currently live in a house valued at $300K or less it is a great time to sell at the peak of a market and buy at the lower end.
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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