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An Encouraging October!

Colin Whitenack
Nov 14 1 minutes read

An Encouraging October!

Higher interest rates and the elections' intensity didn't keep our market down! We saw a pick-up in activity last month:

✅ Slightly less inventory at the end of the month.
✅ A boost in the average sales price.
✅ About the same amount of closings.
 
Our market continues to remain stable, even if it is slower than previous years. And with the recent news about the Federal Reserve dropping rates again, these are encouraging bits of news.

Buyers, you remain in the best position in years to negotiate. As we move into the holiday season, competition will be even lighter until the new year.

Sellers, a consistent market gives people more confidence to make a move. So, let's discuss pricing and preparing your home. Vendors and contractors will get busy after the new year, so now is the time to start knocking out projects! 

Reach out with all of your real estate questions: 303.912.5394 or [email protected].

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