We hope that you’re staying cool this summer. That’s exactly what happened to the housing market during the summer months!
- Here’s a quick update on the latest market conditions according to the latest RE/MAX National Housing Report.
- June saw a surprising decline in closings – down over 4.7% from May.
- Despite slow sales, median sales prices were up.
- With slower sales, more homes are on the market.
Want to read the full report? Check it out here.
What’s this all mean for you? There’s an opportunity for both buyers and sellers. With more homes on the market and lower mortgage rates, it’s a good time to think about your transition. If you are thinking about a move, let’s talk. We have been wanting more of an inventory for homes and this is good news when trying to provide that supply. In Cheyenne our inventory is still tight. As a buyer you’ll need to be in a position to make a move quickly when a house that you love comes on the market. We are here to guide you when you are ready, 307-635-0303.