Market appears to have found a level.
We have noticed activity in the housing market become generally more consistent and normal over the last eight weeks. More mid and higher range properties are selling and interest in properties has picked up generally.
Price is still the key to creating the level of interest needed. There is now more competition than there has been over the past few years with viewers able to see numerous properties before making offers. Getting your property in the right price bracket is essential.
As the economy has become more predictable and as mortgage rates become less volatile buyer confidence has started to return. There are a lot of indicators that 2023 may be a year where the housing market recovers and regains some momentum.