Monday, May 10, 2004

Is the real estate market slowing down?

We're being asked that a lot. In some ways it may seem like it is. There certainly is more "inventory" in our area. But, that's normal for this time of the year. Buyers who have been frustrated by the "seller's market" may have decided to sit out the real estate market for a while. Others are jumping in to buy before the prices go up even more.

While there is no way to accurately predict what will happen in the future, we certainly want to keep an eye on the market over the next month or so. We'll let you know what's happening in a future blog entry. It will be interesting to see if the available inventory grows, or if the spring market continues to be a "seller's market".

Do you have thoughts on this, or any other real estate related topic? If so, email us!

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