Market of the Moment - 8/20/2021

[Alan Walker]

The school year has started which in a normal year marks the beginnings of our seasonal slow down. But, “normal" was SOOO 2019.

5 days on market for homes under 400,000? What’chu talkin’ bout Willis?

Inventory is a bit lower than last week but nowhere near as low as earlier this year. More buyers are getting under contract, and people are getting a chance to “think about it,” like an hour instead of 20 minutes, before making an offer.