Saturday, September 26, 2020

RE/MAX National Housing Report August 2020!

Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado!
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I hope that you've enjoyed your first week of fall. Despite the season change, the housing market continues to sizzle. According to the most recent RE/MAX National Housing Report, August was a record-setting month for housing. Here are a few key takeaways that you might find interesting.

• Home sales continue to sore! They were up 4.3% over last August.
• The number of homes on the market hit a record low – plunging 29.6% over last August.
• Sales prices continue to be on the rise – the median sales price is now $290,000.

What does all of this mean for you? Fall is going to be a great time to buy or sell. Low-interest rates continue to favor buyers and sellers are motivated. If you have a home to sell, there are plenty of buyers ready to make a move. If you are thinking about a move, I'm here to help. Let's talk about your situation and our market. Call, Text or Email anytime!

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