Market Trends for September 2022

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Real Estate

The market has shifted, and there has been price decreases in various areas of the County.  However, there is still a high demand for homes as inventory continues to remain low.

The increase in interest rates have also caused buyers to back out of buying and/or they are being cautious.

If you are thinking of buying, this is a time to buy a home. Better to buy at lower price point, and then when interest rates decrease, refinance at a lower rate. 

Here is a slide show showing the shift in the market.