The Crash That Didn’t Happen
The Crash didn’t happen…and with the pent up demand still exceeding the available supply, prices continue to rise again.
The Crash didn’t happen. We are again seeing values rise after a short period of flattening while buyers adjusted to the “new normal.” We are still experiencing extremely low residential real estate inventory, but with the pent up demand still exceeding the available supply, prices continue to rise again.
If you have questions about the real estate market, don’t listen to the megaphones of the forecasters. Don’t get hung up on headlines. Ask a licensed Realtor®. At Homes By Connect, our trusted real estate agents are experiencing this market in real time and we can give you a real picture of what is going on.
Katy Donovan is Owner and Principal Broker of Homes By Connect in Portsmouth, Rhode Island