Here’s the latest from our market and some info about a special contest.
In June, inventory dropped to just 1.5 months. We’re still in a very strong seller’s market, but here’s what’s interesting: We saw a 7% increase in new listings from May to June, while 17.5% of all homes on the market went under contract in that time.
This tells us that demand is even higher than supply can keep up with. If you’re considering selling your home, it’s an incredible time to net more money, receive multiple offers, and buy your next home with an interest rate under 3%.
We also have a surprise today. We are committed to paying one person’s mortgage or rent for up to $1,500 for August! If you already own your home and have your mortgage paid off, you could give this gift to a deserving renter or homeowner you know.
To enter the drawing, all you need to do is reach out to us via email or social media. We would be thrilled to get you set up to potentially win. If you register or nominate other people to win, we’ll give you even more entries. We’re all about paying it forward, and this is one small way in which we hope to do so.
If you have any questions for us, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.