Get inspired, Michiana! ‘Tis the season for real estate forecasting, and we’ve been watching LOTS of them. Experts are telling us to expect the number of homes for sale to finally exceed those from 2019, and “days on market” should average 34 days, from listing activation to the day of the first offer. Mortgage rates hit 6.23% for the last week of November, and it looks like the median home price will be stable into 2026.
When rates drop below 5.8%, we’re told that 5.5M additional households will be eligible to buy, including 1.6M renters. These potential buyers are expected to contribute to an additional $550,000 nationwide home sales. So, if you’ve been waiting to buy or sell, wait no longer! We can get you prepped and ready for either, as soon as your personal schedule will allow.
Thanks so very much for all your generous business, referrals and prayers. Please always remember, at Inspired, it's all about YOU!