Welcome to this Month’s Real Estate Round Up in 19335!
By: Karen Boyd, Long & Foster
Each month, 19335GO! partners with Long & Foster agent Karen Boyd to bring the community insight into the current housing market in the Greater Downingtown area.
October continued to reflect a steady, resilient housing market in Chester County! Something both sellers and buyers can give thanks for as we head into the festive turkey season!
Encouragingly mortgage interest rates have started to tick downward and there continues to be strong demand for listings that are well-positioned and priced in line with current market trends.
The new housing market dynamic shows we are shifting from a frenzied market into a more balanced yet still vibrant environment heading into year’s end.
INSIDER TIP: With more homes to choose from, today’s buyers are quick to skip over homes that feel overpriced. That is why pricing your house right is the secret to selling quickly and for top dollar.
Sellers who are going to succeed in the weeks and months ahead are the ones who understand this market shift and lean into it with the right expectations and the right strategy.
Thinking about selling? In the past years your home’s value —and your equity — likely shot up. So if you are thinking about moving, the equity you have in your home could be a big help. Contact me today for a free Professional Equity Assessment Report (PEAR), and let’s connect to see how you can make your equity work for you!
Check out the latest Monthly Real Estate Round Up here.
