Here’s what you need to know about low inventory in our market.
What does the housing inventory look like in South Central Pennsylvania, and what does it mean for you? Housing inventory has been at unprecedented levels recently, and it’s made a big impact on home values.
Right now, housing inventory is the lowest we’ve seen in a long time. As a result of lower supply, housing prices are staying steady despite our higher interest rates and lower demand. Essentially, home prices are still going up even though our housing market is slowing down.
What does that mean for you? Well, if you’re a homeowner, it means that your home’s value is likely higher than it was a year or two ago. If you’d like a free home value estimate to make a good decision for you and your next real estate move, just call us at 717-216-0860 or reach out on Facebook.com/DaveHookeTeam. We look forward to hearing from you!
