It's good to see an active selling market again. While some areas are experiencing the typical summer slow-down because so many are taking advantage of vacations, it's a great day for real estate regardless of whether you're in the market to buy or ready to sell.
Homes coming on the market are selling within a month. Buyers are taking advantage of the low interest rates and buying before prices and interest rates go higher. In July, over 38 homes sold in less than 10 days for top dollar!
Just remember, today our buyers want move-in ready and, in Burke, there are wonderful homes ready to move in to. If you're planning to sell, take the time to look around your house and fix anything you
The average sold price for homes in Burke has increased by $33,000, just since January. While units sold are down, prices continue to rise and days on market are down to about a month.
It's becoming a seller's market again, folks. nventory is dwindling as less people are selling, increasing the demand for those homes that do come on the market.
We have a perfect storm. If you're ready to sell, we have buyers wanting to buy. Interest rates are still at an incredibly low rate, and after seeing first-hand how quickly prices are going up, it's no wonder they're ready to jump in and take the plunge. There won't be a better opportunity as prices continue to rise.