Is the real estate market cooling off? No.
Will the shorter days and longer nights put a damper on buyer activity? No.
Will houses stay on the market for more than a day or two? No.
Will prices continue to rise? Looks that way.
Navigating the real estate market has been a challenge for the last few years. Multiple offers on properties. Many “cash, no contingency” offers are hard to beat for the average buyer who needs a mortgage loan and simply wants a home inspection. Houses that sold a few years ago show up on the market again with eye-popping prices.
The last quarter of 2021 shows no slowing of prices or buyer activity thus far. Low interest rates and low inventory continues to drive market activity. All price ranges are competitive. This may sound depressing for buyers but there is hope.
What do we predict for 2022? If you want to dip your toes into the fast moving waters of Chittenden County real estate, reach out. We have a track record of success for buyers as well as sellers. Our networking, relationships, and strategies guide our buyers to their goals.
We can’t wait to help you find your Home Sweet Vermont!