We all know the housing market will recover - it's bound to with the children of the baby boomers starting to enter the housing market. With builders cutting back new construction to the lowest point in a decade, it seems we could be looking at a shortage of houses for sale. Imagine that, a shortage!
What does that mean? Well, right now we're looking at a buyer's market (high inventory, low number of buyers), but there are serious indicators that a seller's market (low inventory, high number of buyers) isn't far off. In fact, with the economic outlook improving, there's been talk of inflation and higher interest rates. If you or someone you know has been waiting on buying your home for the market to hit bottom - you might start seriously looking at buying now. A market upswing is likely on the way, so don't miss out on the great deals now!
This information is presented by:
Connie Taylor
Keller Williams
ConnieTaylor@KW.com
www.AmarilloDreamHomes.com
Information is deemed to be reliable, but is not guaranteed.
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