The Market Has Shifted - Here is What That Means For Buyers
Posted
by Oakridge Real Estate
on Tuesday, January 24th, 2023 at 8:00am.
The Market Has Shifted - Here is What That Means For Buyers
In the past year we have seen a shift in the Cedar Valley's housing market. If you are looking to buy a home this year and question if it is a "good" time to buy, this is for you! 3 reasons why it is still a great time to buy a home in the Cedar Valley!
1. There are More Homes on the Market - Inventory levels have been the lowest we have ever seen in the Cedar Valley, but that has started to change over the past year. Each month we see inventory numbers grow, giving you the opportunity to view more homes.
2. Less Competition - With less competing offers on select homes, many buyers are not having to sacrifice inspections and in some cases are able to negotiate with the sellers.
3. You Have Time - Something many buyers have not experienced in the past few years. Many buyers are now having time to talk about their decision before putting in an offer and have time to see a home multiple times.
It is always beneficial to communicate with a local licensed Realtor when it comes to questions when buying a home. As the Cedar Valley #1 Real Estate Company your trusted Oakridge Realtor will be able to walk you through the home buying process.
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