Average % of New Listings (Pending) in the First 30 Days
Intensity Remains Strong for New Listings
Unbelievable Interest Rates
If you’re in the position to sell right now, it’s a great time to sell and a great time to buy due to historically low interest rates. At John L. Scott, we’ve adjusted our approach with buyers and sellers to take full advantage of the technology to bring forward serious buyers while following social distancing guidelines with in-person tours. Our broker associates can also discuss viewing strategies to shorten the window of in-person tours, yet still secure the interest of qualified buyers for your home. Please reach out if you’d like to learn more about our current strategies for sellers.
Source: Mortgage News Daily
In Jackson County, we are seeing buyer demand coming forward despite the COVID-19 situation. Given the historically low interest rates, buyer demand remains strong in the more affordable to mid-price ranges. There is a shortage of inventory for homes priced up to $350,000 in Jackson County, and sales activity intensity varies from surge to frenzy in this range, which comprises 58 percent of sales activity. You still need to be Buyer Ready to get a home in today’s market!
SHARE HOUSING UPDATE
SCALE: MONTHS SUPPLY
Key Market Indicators – April Recap
Jackson County Housing Update - Resale Only
Frenzy Market Returns
WE SUPPORT SOCIAL DISTANCING FOR SELLERS