Hi, Jessica Evans and Steve Ridge here with the Ridge Real Estate Group and a Spring Market Update! We wanted to share some of the things that are happening and we are seeing in the market today as we are heading into summer. The hottest topic right now is INTEREST RATES.
We are seeing interest rates at the lowest we’ve seen since 2017! This adds energy to the market and great opportunities for buyers. This is definitely creating excitement and high consumer confidence. For sellers, it’s also a great time as there is an average of 30 days on the market, homes are still selling at 101% and appreciation is 2-3%.
If you have any questions feel free to chat with us now. We’d be happy to assist in any way we can.
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