Inventory Shortage!

This is going to be a very interesting year for real estate sales in our area. It is a great time to buy with mortgage rates so low; and indeed the buyers are lining up and ready! What we’re currently missing is enough “inventory” or homes for sale, to meet the demand. Prices are starting to tick up. In some ways this is not all bad. Look at how the Portland market has exploded, however… locals are being priced out of the market. Not good.

2016 will be an excellent year for most sellers. If you are considering selling, give us a call!