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What’s Happening in the Howard County Real Estate Market?

 
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Manage episode 153201561 series 1084223
Content provided by Pat Hiban Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pat Hiban Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Buying a Howard County home? Get a full home search
Selling your Howard County home? Get a free property valuation

Today, we’re wrapping up the residential market report for Howard County for June 2016. Here are the key year-to-date points that you need to know: inventory is down 9%, contracts are up 11.5%, and the number of settlements are up 17.8%.

To summarize, demand is up, and inventory is down. This means that we’re moving towards a seller’s market. Over time, this should have an upward pressure on price. Buyers, if you’re sitting on the fence, you need to get out there and start looking while rates are low and act before prices rise.



High demand and low inventory is moving us toward a seller’s market.



If you’re looking to buy or sell, give us a call or send us an email. We’d be more than happy to help.
  continue reading

20 episodes

Artwork
iconShare
 
Manage episode 153201561 series 1084223
Content provided by Pat Hiban Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Pat Hiban Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Buying a Howard County home? Get a full home search
Selling your Howard County home? Get a free property valuation

Today, we’re wrapping up the residential market report for Howard County for June 2016. Here are the key year-to-date points that you need to know: inventory is down 9%, contracts are up 11.5%, and the number of settlements are up 17.8%.

To summarize, demand is up, and inventory is down. This means that we’re moving towards a seller’s market. Over time, this should have an upward pressure on price. Buyers, if you’re sitting on the fence, you need to get out there and start looking while rates are low and act before prices rise.



High demand and low inventory is moving us toward a seller’s market.



If you’re looking to buy or sell, give us a call or send us an email. We’d be more than happy to help.
  continue reading

20 episodes

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