If you’ve been following news about the current housing market, you may be wondering: is this pace of home sales sustainable? Fortunately, a recent article from Keeping Current Matters explains why we are indeed looking at a very healthy real estate market!
According to Dave Liniger, Re/Max CEO, “We expect a seasonal uptick in sales this time of year, and March certainly met and somewhat exceeded that expectation. We don’t anticipate the tightening inventory to ease up in most markets until new home construction can catch up to its pre-recession pace. Until then, sellers will enjoy a fast-paced market and buyers will need to work with their agents to get in the right home.”
So what’s the bottom line? The current pace of residential home sales definitely seems maintainable, and every family should feel confident when buying and selling a home now and in the immediate future!