Market Update – Q2 2023

Buyer Questions
1 min read

The craze and the intensity of the last few years in real estate has subsided. The market is much more regular and balanced. What does that mean?

Home’s are “sitting” on the market a bit longer and both parties (buyers and sellers) have negotiating power. The total number of homes sold in Q2 compared to Q1 did increase, despite increased interest rates.

A bonus? Open Houses are back in style which means as a seller, the opportunity to have multiple buyers view your house at once is an option. No more prepping and cleaning for individual visits all week long!

Don’t be shy to text, call, email, or leave a comment below if you have any questions or want additional information on your home!

Peter Thompson

Peter Thompson

Peter graduated from Lasalle College in hospitality and spent 13 years managing the infamous Chateau du Lac, where he built a reputation for leadershi...

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