Welcome to The Roylin Report – your source for what’s happening in real estate right now! I’m your host, Roylin Downs. And don’t forget to subscribe, so that you don’t miss out on what’s happening in real estate!
One thing’s for sure, if you’ve been trying to buy a home over the past two years, you’ve probably faced your fair share of challenges. Two big ones stand out to me. The limited number of homes for sale, and the intensity of bidding wars. But, here’s the good news. Things are starting to shift. Take a look at this.
This graph shows housing inventory is increasing. And that means you have more options for your home search. That’s because more homeowners are listing their houses for sale right now, and rising mortgage rates are moderating the market. So, some of the frenzy is actually cooling off.
This is huge if you’ve been worried you won’t be able to find a home to buy, or if you’ve been outbid too many times to count. So, if you’ve put your home search on pause, it may be time to re-enter the market. It won’t be easy, since inventory is still low overall, but it definitely won’t feel as impossible as it has in recent years.
If you’re ready to get started, let’s work together to explore those options and find you the home of your dreams.
Thanks for joining me on The Roylin Report – your source for what’s happening in real estate right now! I’m Roylin Downs. Please feel free to reach out to me with all your real estate needs. I look forward to working with you!