It’s crazy to think we are already half way through 2023! While the real estate market has been ever changing, it has still been a busy year so far. The most common question people ask is– how’s the market going? So let’s talk about how the first half of 2023 has been.
How is the current market?
It is still a seller’s market. WAIT! Don’t leave! It may still be a seller’s market, but it is not the same type of seller’s market that we saw in 2020, 2021, and 2022. Interest rates, inventory, days on market all look very different from this time last year. So what does that mean?
Interest rates are higher than they have been in the previous years. A significant amount of people either bought or refinanced within the last few years to take…