Should You Still Buy or Sell

It’s no secret that the current housing market is more complicated than ever. Numbers alone do not tell the whole picture. We are still experiencing low inventory, and properties are selling – days on the market have not shifted significantly, but it’s important to price smartly. Buyers want to buy but are more risk-averse and less willing to reach past their comfort zone. The good news for buyers and sellers is we are in a market area that has traditionally been resilient. Although the 4th quarter may not see a price increase, we at CHS believe we will hold steady. Buying a home is not a short-term investment – even though this is a cautious market, we will have sellers who want to sell and buyers who need to buy. Things to keep in mind: Over the last year and a half we haven’t seen an increase in market price like this. In some areas the market is up almost 35%. So, as a seller it’s important to remember the value of your home today is already greater than it would have been at this time last year. As sellers voice concerns about missing the market window, we would say […]
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