the demand has already come down a little bit. In central Texas, It was really good at the end of last year and really got super hot by April. At the end of the year-was able to sell easily at asking price or just over AND have "new home" inventory to choose from. By April, we were on the market (mother's home), the market jumped dramatically from january to april. Everything was going into a bidding war(I think some of this was due to very low inventory to purchase along with more demand due to schools getting out and as a result relocating was escalating).
I just put last home on the market last week-the market is not what is was in April. I believe alot of this is due to families not wanting to relocate into the new schoolyear. Honestly-selling is the easy part, if you need to relocate into a new home-that's where things are going to get tricky! There isn't much to pick from and you better be ready to pay for it! (be sure you are getting what you want or willing to pay alot for something that doesn't check the boxes)
I just put last home on the market last week-the market is not what is was in April. I believe alot of this is due to families not wanting to relocate into the new schoolyear. Honestly-selling is the easy part, if you need to relocate into a new home-that's where things are going to get tricky! There isn't much to pick from and you better be ready to pay for it! (be sure you are getting what you want or willing to pay alot for something that doesn't check the boxes)
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