May was an incredible month for real estate in our area. Our market is hot right now. If you are looking to sell, now is the time as inventory is so low, which can mean higher prices! On the flip side of that, if you are looking to buy, now is a good time because the interests rates are so low, which means you can get a great deal on a home loan! Check out the infographic below! If you want more detailed information on a certain city, zip code, or price range, just let me in the comments!
I will be doing this every month so stay next month, to see how June is shaping up!
- 76% of houses that come on the market will sell within the first 30 days
- 3.6% interest rate
- Less than 1 month of inventory available