Illinois & Indiana:
Homes taking longer to sell, thus price reductions are happening and home prices are falling a bit.
Home Sellers still have 2020, 2021 and 2022 on their minds, thinking they will still get those same prices and multiple offers. This is not happening except for the totally remodeled and gorgeous homes.
Just off the top of my head, looks like they are down, on average, about 2-3%
Home inventory is increasing, buyer demand has fallen due to the higher Interest rates.
NOW is a great time to sell. Prices are still very good and there are still buyers out there.
With our country in chaos, who knows what the future will bring.
This is just our opinion on what we see in the market every day.
If interested, Call us for an estimated selling price on your home.
No comments:
Post a Comment