We'd like to share some recent information issued by Redfin that reflects what we are seeing here in Iron County, in terms of a really strong comeback for real estate.
Redfin says that home buying demand is actually 22% up from pre-pandemic levels, after seven straight weeks of gains.
- Sellers are beginning to return to the market in significant numbers.
- Inventory of available homes isn't keeping pace with demand, creating fantastic opportunities.
- All time low mortgage rates are helping prices to remain robust and increase competition among buyers.
With the relaxation of restrictions, we are witnessing something of a return to the incredible strength of the market prior to the current issues.
In practice, buyers continued to be motivated throughout the past few months and the return to normalcy is further encouraging already high levels of sentiment.
If you've been on the fence about listing or re-listing your home, there are so many reasons why right now is just a phenomenal time to do so.
Why not call us today on 435-327-2090 for an informal discussion related to your individual situation.