On the Dana Green Team, we believe in transparency with our clients and that knowledge is power. As market leaders and market makers, we know how to pivot and thrive in any market condition. With over 1,000 sales and many years of experience in many different markets, our real estate specialists have the depth of knowledge and expertise needed to navigate a changing market. 

Recently the top themes in real estate news have been: 

• Increasing interest rates (up 69% this year)
• Volatility in the stock market
• Slowing Buyer demand
• Rising inflation
• High Q1 real estate prices 

What does this mean for our Buyers and Sellers? We do not believe sales prices are declining (low supply) but prices are stabilizing except for the house that meets the needs of a large Buyer pool. Given today’s environment, we have also seen buyers pause a bit and become slightly less aggressive.  

For Sellers, this means we can’t expect the same number of offers seen earlier this year and that we may need to move to more accurate list prices. 

As a Buyer, in the long run, locking in your interest rate sooner than later and settling your family into our wonderful community for many years to come can be priceless. Slightly less competition doesn’t hurt either. 

We are here to guide you no matter what the market brings, and our team is on standby to answer your questions!  

Dana and Team