HomeWood Real Estate Inc Brokerage

HomeWood Real Estate Inc Brokerage

Broker of Record

HOMEWOOD REAL ESTATE INC., Brokerage*

Mobile:
519-621-4852
Office:
(519) 621-2997
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The Housing Market Will "Spring Forward" This Year!

Just like our clocks this weekend, in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale has been holding back the market.

Many potential sellers believe that waiting until Spring is in their best interest. Traditionally, they would have been right.

Buyer demand has seasonality to it. Usually, this falls off in the winter months, especially in areas of the country impacted by arctic conditions.

That hasn’t happened this year.

Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with an increase in rates forecasted for 2019, buyers are still able to lock in an affordable monthly payment. Buyers are increasingly jumping off the fence and into the market to secure a lower rate.

Bottom Line

If you are planning on selling your home in 2019, meet us  to evaluate the opportunities in your market.

 

Comments

Monty Panasar

It would be a great news for everyone relating to the real estate industry that demand for housing is going to increase this spring. I have high hopes after visiting https://customessaysreviews.com/ that this season might give us something very profitable revenue.

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