- A trend that has been emerging for some time now is the contrast between inventory and demand in the Premium/Luxury Markets vs. the Starter/Trade-Up Home Markets.
- Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
- Demand continues to rise with low inventory in the starter and trade-up home markets, causing prices to rise!
I’m sure I don’t have to remind you that your neighborhood may be different than the nationwide examples show here. To find out what’s happening around your home, contact me and let’s talk.