News & Politics
Let’s take a look at what Salem’s current real estate market looks like and how you can make the most of it. Click here for a full home searchClick here for a free home value reportWhat is going on with our local real estate market, today? Well, right now in Salem, Oregon, we’re currently experiencing a very strong seller’s market. This means sellers are frequently getting top dollar, often above asking price, in cases where they are pricing and positioning their home correctly on the market. Something I get asked a lot about is inventory. We are, in fact, seeing lower inventory than we were at this time last year. So, with buyers outweighing the number of available listings, prices have been affected. Because of our current low inventory, prices have gone up. In other words, buyers who haven’t hired the right agent are struggling. Interest rates, however, are still at a historic low. So if you are a buyer, now is a good time to buy. choosing the right agent is incredibly important in this competitive market.The market right now can be taken advantage of by buyers and sellers alike. But, in order to get the most out of any real estate transaction, you will need a great agent to help you succeed.Whether it’s my team or another, choosing the right agent is incredibly important in this competitive market. If you have any other questions or want more information, feel free to text, call, or send me an email. I look forward to hearing from you, soon.