Summer Market Trends
Summer is right around the corner, which means if you’re looking to buy or sell a home this upcoming season, it’s time to start doing some research about summer market trends! So, it’s important to be fully prepared so you can set yourself up for the best success.
What are the experts saying about the upcoming market? Here’s what you have to know:
- Summer is usually a seller’s market, with competition spiking from May to August.
- According to ATTOM Data Solutions, sellers could see an additional $17,000 – $25,000 extra in these months.
- Prices are still expected to rise, but not as sharply as last year, even with inflation and interest rates rising.
It’s important to note that the market is still recovering from the pandemic. Therefore, you should take these predictions with a grain of salt. While, yes, it’s frustrating that we don’t have definite answers, experts are still dealing with unknown territory.
As they continue to gather data and decipher what a bounce back from the pandemic means for the housing market, you can speak with your local real estate agents at Christmas Country Homes for the most up-to-date market trends in your area! We can be reached 24/7 at 315-820-4200 or online HERE.
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Looking to buy or sell a home? Let us help you!