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<i>Today I want to give you a look at what our market looks like so far in 2017.</i></div>
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What does our market look like in 2017 so far?<br />
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We’ve already seen a lot of interesting things happen this year. <b>Our inventory has decreased by 62% from only two months ago,</b> which was probably caused by the uncertainty surrounding the election results. A good amount of our winter sellers decided to hold off for the spring market. <br />
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May is going to present a huge opportunity for sellers.
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There has also been an increase in buyers who want to take advantage of low interest rates while they can. <b>Since the election, interest rates have gone up from 3.5% all the way to about 4.1%</b>, so buyers want to purchase a home before another increase occurs. <br />
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If you’re a seller, May is going to present a huge opportunity for two reasons: <b>low inventory and a surplus of buyers. </b><br />
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If you’re thinking about selling your home or are just curious about your home’s value, give me a call or send me an email. I would be happy to answer any of your real estate questions!