USA Houses Market Shift Update
The Housing Market Seems to be Shifting from a Seller's Market to a Buyer's Market. It might take a year or longer to fully transition but there are many reports out there right now that indicate home prices may have reached their peaks once again. Increasing interest rates for mortgages along with all time high prices have contributed to a decrease in buyers and offers. It has also led to many price decreases in multiple markets. If you are thinking of selling, it might be the best time to do so. If you're planning on purchasing, it may or may not make sense to wait. Nobody knows if prices will decrease or how much they will, but one thing seems likely to many: continued regarding rising interest rates. Here is a snapshot of some recent news on the housing market. Let us know if you have any thoughts or questions by giving us a call or text anytime at 707-567-8779. www.USAHouses.com