- January was off to a strong start. In 1 month's time, listings have more than doubled, sales rose by 18%, and the avg. sale price increased by $20,000.00. - It also fared better when compared to January 2023. - It is likely heading towards the spring market that this continues and month over month gains are realized. - As the market still poses its challenges, there seems to be a rise in optimism. As an economy, we've weathered a storm that has not yet fully passed, but have managed to take the grunt of it. - For those that have been waiting to build that new home, or sitting on the sidelines contemplating whether to buy and/or sell, or for the few that may be in an extremely difficult position due to the excessive rates and mortgage payment increases; now is the time to consider your next steps and put a plan in motion.
|