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Selling a home? Click here for a FREE Home Price Evaluation
Call me at (215) 576-8666 for a FREE home buying or selling consultation
Hello, and welcome back! Today, I'll share some tips and tricks to keep you and your family ahead of the competition in the real estate market here in Montgomery County!
Recently, I came across a headline that claimed existing home sales had collapsed in January, despite low interest rates. Well, here we go again; the media, as always, took shaky evidence and turned it into a misleading news item.
Let's take a more tempered look at the numbers:
- Existing homes sales for January were $200K higher than they were last year.
- Pending home sales remain very strong and continue to rise!
- January foot traffic was 3x greater than January of last year.
- Inventory is falling, so now is a great time for homeowners to sell.
When you take a look at the actual numbers, you can understand why it's best to ignore the headlines! The market is doing fantastic, and there's no sign it will slow down any time soon.
If you want to buy or sell real estate, or if you have any questions about our market, your best option is to speak with a real estate professional. We have access to updated and accurate information and would love to help you get the most out of our market!
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