What kind of a housing market is it right now?

Question

Amanda Courtney · Accepted Answer

Mostly a balanced-to-buyer-leaning market in many areas: more inventory, longer days on market, and sellers needing strong pricing and presentation. (Still varies by neighborhood.)

Chris Yochum · Answer

Every neighborhood can vary in market conditions depending on location, price point, schools, amenities and much more.  Most markets I understand have low inventory which makes it better for seller, though interest rates climbing causing buyers to afford less makes for an interesting market.  Most areas have less sells then previous months but still quite active.

Janet Stanek · Answer

Felipe, while markets vary depending on the area you are in, overall we are in a bit of a cautious market. There is limited inventory in most areas, and that and the higher interest rates make sellers leary about putting their home on the market and not being able to find their next property. Buyers are also cautious due to interest rates and competitiveness for the properties on the market. It is still wise to stay active in the market to keep abreast of what is going on in your particular geography and this trend can change very quickly.

Peg Walsh · Answer

New Hampshire has a strong and steady market,  Prices have risen over last year but days on market have also increased, so please be patient as you wait for the right buyer to come along.

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