A note from Tami Pardee
It’s not all doom and gloom, but it’s not all sunshine and rainbows either. This market is delicate and complex. It’s a little bit of a buyer’s market and a little bit of a seller’s market. The best step you can take in a market like this? Partner with an expert who has been through market shifts. We have helped thousands of clients over the years buy and sell their homes simultaneously in order to improve their lives, and we’d love to do the same for you.
There’s a saying: “buy the house, rent the rate.” In other words, you are locked into your purchase price, but you don’t have to keep your mortgage for life. Are you in a 5/7/10 year ARM with your property and wondering what to do? This might just be the ideal time to make a move. Thinking about buying and selling in the same market? It might be more advantageous for you right now than you think. If this is your situation or you’re curious how this market will affect your home value, give us a call.
We create different strategies based on each of our clients’ unique needs. Forgive me for the real estate cliche, but it really is true — location, location, location. While sales data might be technically accurate, the statistics don’t always align with the individual. That’s why I always encourage people to have their homes evaluated by seasoned professionals with deep experience in their specific neighborhood.
Let’s connect so we can walk you through a strategy for your personal situation.
What I’m noticing in the market
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Most Westside areas saw a large decrease in inventory with the exception of a few areas.
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Homes sat on the market a little longer on the Westside in Q2 2023 compared to Q2 2022.