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Nationally Speaking, in June, Sales are on the rise, but no surprise there, as it's a typical seasonal trend to see. However, what's pretty remarkable is the market's resilience with the low inventory and higher interest rates. Demand is still booming, and for those who have their pricing on point, houses are still flying off the market!
It's apparent we're back to a more normal market, and selling is all about good location, showing condition, and appropriate pricing. Homes that check these boxes are selling quickly and we're seeing some bidding wars. But to be real properties that don't show well, and/or are priced even just a little too high are taking their sweet time to sell and will more than likely need some price adjusting to attract real buyers. So, if you're in the Market, remember the golden formula: location, condition, and pricing! Buyers ride this resiliency wave and make the most of it while rates are still high, and opportunities are out there.
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