What’s Going on in Our Market? Deciding Whether or Not You Should Move

By John West

We understand that our clients are making big life decisions and are trusting us to help them make sure those decisions are wise ones. For us, it is not about transactions, it's about relationships.

“How’s the real estate market right now?” We get asked this question all the time, and we understand why. As inflation, interest rates, and home prices are always changing, you need to stay informed if you plan to move in the near future. Today, we’re breaking down what home sellers and buyers need to know about our local market. 

Whenever someone asks us how the market is doing, we always respond with, “Who’s asking?” The truth is that whether or not our market is good for you depends on your goals. Do you want to sell? Maybe you’re looking to buy an investment property? Maybe you’re just curious about the value of your home? Whatever your goal is will greatly impact how our market affects you. 

That being said, one thing is almost always true: People move for personal reasons, not because the market benefits them. For example, consider the five Ds of real estate—death, divorce, debt, disability, and downsizing are five of the most common reasons why people choose to buy or sell houses. In case you didn’t notice, none of those reasons have anything to do with timing the market.

Whatever your reasons for being curious about the housing market is, don’t worry—we have you covered. We collect tons of data from the local MLS and publish it in an easy-to-digest format on our website. You can check it out by clicking here. This resource has everything you need to know about home prices, the speed of our market, inventory, and more. 

If you’re deciding whether or not now is the right time for you to move, please give us a call or send us an email. We’ll share all the relevant information you could need to make an informed, smart decision. We look forward to hearing from you!