11/16/2022
Just as inflation and economic concerns and supply chain problems continue plague all of us from fuel prices to the price of groceries, it's also the real estate market that has been impacted. What is still very clear is that the average home prices indicate that the supply of houses is still outweighed by the demand for them demonstrated by the market. Investing in a home has historically been a safe and stable choice in the long-run. So, yes, prices of homes are expected to go down but they aren't expected to tank either. And yes, home prices will go up over the years as they traditionally do, but not at the break-neck speed that we saw in the last couple of years. Overall, this means a healthier real estate market. If you're in the market to buy a home before year's end and need to finance the purchase it is wise to consult a lender now and lock in an interest rate. Watch this short video to learn more!!
http://www.dansellscincy.com/where-are-home-prices-headed