February 2023, Market Update and a HUGE thank you

2023 is rolling right along!  We hope the start of the year has been productive and kind to you.  This month, in addition to the February Real Estate Market Update, we wanted to share some good news that Ryan received.  In late January, our brokerage held it’s annual Awards Ceremony.  We are proud to report that, because of YOU, Ryan landed in the President’s Circle again andwas recognized at one of the top 10-agents in Sales Volume for 2022!  Positive recognition is always appreciated and Ryan is so grateful to work with so many of you.  Thank you for continuing to support our business and let’s continue to make 2023 a great year!

Now that we got that out of the way, let’s see what the real estate market is doing!

Just like that, we are seeing more signs of a market similar to January 2022! We won’t get ahead of ourselves because there is still a lot left to be seen with next month’s numbers, but there are some definite signals of another change. Similar to the beginning of 2022, we are seeing a drop in supply, which inevitably creates an uptick in demand. Sellers are seeing multiple offers again IF they are priced right and well prepared for showings. Buyers are still dealing with higher interest rates than a few years back, but historically rates are still low. Will we move completely back to a seller’s market? Stay tuned for my next market update!  

We appreciate you and as always, thank you for trusting us with your real estate needs!