What's Up with the Bucks & Montgomery County Real Estate Market?



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I wanted a way to stay in touch with past clients and friends, so I am going to start sending you these video blogs every few weeks. Today we are going to give you a market update for Montgomery and Bucks Counties, so you know exactly what conditions are like if you've been thinking about buying or selling.

A lot of people have been asking us lately about the local market. Here's what's been happening.

We have a huge demand for homes right now, with a ton of buyers out in the market, but few sellers. Because of this, homes are selling very quickly. Move-up buyers, who in the past have passed on buying a new home, are confident enough to move up now, leaving their homes available for first-time buyers.

Right now, the average days on market is 85, but we are so much busier now than we were a year ago. Even with the lack of inventory, it's still a great time to buy because of low interest rates. Our market is setting up perfectly right now for buyers to buy and sellers to sell, all at reasonable prices.

If you have any questions for us about the market or real estate in general, give us a call or send us an email. We look forward to hearing from you!