Buying or Selling a Home? You Need an Expert Kind of Guide
In a normal housing market, whether you’re buying or selling [...]
In a normal housing market, whether you’re buying or selling [...]
Can I still go look at houses? Should I sell [...]
Hi, I'm Diana Benson here with your market update for April 2020. Let's see what's happening. Right now there are about 18,000 listings. This is up by a couple thousand from last month. Last year at this time there were 23,000 listings. So we're still quite a bit lower than we were about a year ago. Currently, there are 5900 pending sales. That's down by a couple thousand. So far there were 8500 sales for the month. This is an increase from a month ago. But this reflects the activity from a prior month that actually just closed this month. So far there's been 101,000 sales for the year. This is quite a bit higher than last year at this time with only 93,000 sales and there's a two-month supply. You can see that two months of supply has been pretty steady over the last year. Six months is a typical inventory for a normal market. So that means we're still in a seller's market.
Can I buy a house? Can I sell a house right now? A lot of people have a lot of questions right now and the answer is yes. Hi I'm Diana Benson with eXP Realty. A virtual broker. That means we were built for this. Which means we don't have a learning curve. We're already experts at this. So how does that process work? Let's talk about
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