The stats are confusing and as always they’re out of date by the time we’re talking about them.
The important information right now is that we see consumer confidence improving. That will lead to more sales, and possibly higher prices. We see many situations with multiple offers, however offers rarely go over the asking price. Right now buyers seem to want to pay about the same price as the last sale. There is a segment of buyers who want a “deal” and generally speaking they are missing out to buyers who are more motivated.
We don’t expect any crazy growth. It looks like stability is the theme but we all know that it only takes one bad announcement to change that. For the time being, we’re enjoying price stability.
The uncertainty can be intimidating. If you’re considering a move, it can be done. We have been active in the marketplace and created processes to conduct ourselves safely. We have added more video, and eliminated sharing paper (floor plans, feature sheets, etc.). We just need to talk it through and find the path that works best for you.
We’re to help,
Matt & Jer