Saturday, October 31, 2020
RE/MAX National Housing Report October 2020
RE/MAX National Housing Report October 2020!
Michael Kozlowski #1 Individual RE/MAX Agent in the State of Colorado!
Check us out: www.team-koz.com
As we move into November, the housing market continues to thrive. The summer season pushed into fall, causing September sales to surge, according to the latest RE/MAX National Housing Report. Here are three things you should know about the latest market numbers.
1. Closings rose 21.1% from a year ago.
2. Homes sold at an average of just 39 days – that's a full week faster than last year.
3. Inventory continues to struggle with buyer demand – plummeting a record 31.9% over last year.
The numbers prove the resilience and strength of the market. Buyers are jumping at the opportunity to make a purchase. Low-interest rates continue to attract buyers looking for a sense of community, more amenities, and the security of owning a home.
If you're thinking about buying or selling, you must be prepared. Navigating this competitive market takes an expert. I'd be happy to help you make your move this fall. Call, text, or reply to this email to set up a time to talk about your situation.