In this 12 minute video, Lydia Wietsma and I discuss the latest in housing inventory, sales prices, and iBuyers impact on the market.
Persistently low inventory combined with above normal demand has driven a 30% median sales price increase this year. Will inventory increase in January? If the market follows past trends then yes. If the market continues like it did in early 2021 then maybe not. We will know more very soon.
Sarah Perkins is an award winning account executive and has been in title sales since 2004. As the Director of Industry Research & Senior Account Executive, Sarah’s role is to bring real estate transactions to Navi Title. Sarah supports her clients by helping them navigate the ever-changing real estate space through thorough research and understanding of current trends impacting today’s home buyers and sellers.