According to the Chief Economist at Realtor.com, the 2019 real estate market will no longer be a Seller’s Market but rather transition to a Balanced Market as inventory levels increase by 7% annually. The cost to buy will continue to rise due to demand and higher interest rates which are projected to track towards 6 percent. According to Zillow, a slower market will provide Buyers more options and greater windows of time to make buying decisions and the market will experience fewer multiple offer scenarios. Further, “people still think it is a good time to sell, but it is not as favorable as it was last year.”
It would appear 2019 will be a pivotal year as the real estate market cools and returns to a balance between buyers, sellers and renters. Give me a call at 239-273-4006 to learn how the changing real estate market may impact your buying or selling needs. I look forward to hearing from you.
Author:Fay Bamond Phone: 239-273-4006 Dated: December 3rd 2018 Views: 1,615 About Fay: ...
Whether you are buying or selling, exceeding your expectations is the commitment the Move2NaplesNow team makes to you. Superior real estate representation is not based merely on locating or marketing a specific property address, but instead on fostering a relationship of mutual trust and shared success. Specializing in the Greater Naples market, Move2NaplesNow, provides buyers and sellers the information, technological tools and exposure needed to effectively meet their individual objectives.
Promising the highest performance standards; honesty, integrity and stability are the core values of the organization. Providing in-depth market knowledge, flexibility, solution and response oriented ac tion with an individualized touch and attention to detail are the mainstay of the team's superior service. Move2NaplesNow stands ready to meet your objectives. They are always prepared to assist experienced as well as first-time home buyers, or investors as they seek their perfect home, vacation or investment property. When you are ready to buy or sell, contact our team to achieve the results you want. Rest assured your experience will yield the outcome you require with the treatment you deserve. Put the power and expertise professional full-time, success driven agents to work for you.
"Fay was professional, responsive and above all, trustworthy. It's difficult and unnerving to be 1300 miles away when your house is being built, but Fay was there and asked all the right questions of the builders and relayed that information back to me. She asked questions on my behalf that I hadn't even thought about and I felt from the beginning she had my back. Fay went far beyond my expectations and I would recommend her to anyone for their real estate transactions. "