Wednesday, February 24, 2016

What Can You Expect from the Market in 2016?

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Our team just returned from the Keller Williams National Convention that was held right here in New Orleans. We were privileged to have around 30,000 other Keller Williams agents right in our backyard! In his Vision Speech, Gary Keller shared some wonderful news about the market that I think you should be aware of:
  • The national price average is at $222,400.
  • Home sales are at a historic high.
  • We’re at the end of a 7-10 year cycle.
  • Now is the time to sell before the market declines.
  • This is probably the last spring prices will be this high.
  • Interest rates are still at historic lows (around 3.5%!)

This is just a brief overview of the national marketplace, but one thing is abundantly clear: conditions don’t get much better for buying and selling real estate. If you’ve been on the fence about making a move, there’s no reason to wait. Now is the time to take advantage of the market while it’s at a high point!

If you have any questions about the market in your area, or if you need real estate assistance of any kind, please don’t hesitate to reach out to me!

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