Well, we are in weird times my friends. Look at the titles of two different headlines from this week I received:
And a NAR (National Association of Realtors) email that stated that Housing Inventory Up 12% Giving Buyers Options.
The secret between these two is that the Summer market was rough, to say the least. And things seemed to take a pretty big turn starting in August. So that 20.5% surge comes from things bouncing back from a very slow July. And inventory is up because more and more people are putting their houses on the market, while things are still a bit slower.
Locally, our numbers paint that picture as well. So far, in September, we have sold or put under contract 1,801 houses. In August, we were at 1,915. And in July we were at 1,417.
There are a couple of things to take away from all this. The market is wildly shifting from month to month. However, we are still regularly selling close to 2,000 houses a month. Even a bad month was over 1,400 houses sold.
So, is the market down? Yes, absolutely. Are houses still selling? Definitely.
I would say the biggest reason to work with me in this market is I will tell you what is going on, and be honest with where you need to be to sell. I will also help you navigate negotiating on the buy side. There is a lot going on, and many sellers who are not being given the full picture when they list. I will make sure you make it to the closing table whether you are buying or selling, or both. I want to help.
As always, I love doing what I do. I love looking at the market, and I love building relationships with the people I get to help. Let me know how I can help you. Call me today. You can reach me at 515.724.3163 or RyanLynch@KW.com. I am good at what I do, and I want to help you.
~Ryan Lynch
