Thursday, July 22, 2021 / by Shane Kilby
Conditions in our North Alabama market are extremely volatile right now, especially for buyers. It’s still a great time to purchase a home, thanks to low interest rates, but there’s a lot of competition among buyers due to incredibly low levels of inventory.
Today we’ll be taking a look at our current market in order to give you an idea of what you can expect as a buyer or seller. For your convenience, I’ve included timestamps for today’s video topic. Feel free to navigate to the section(s) you’re most interested in viewing:
(00:13) — Introduction to what our current market looks like
(00:41) — It’s a good time to speak with an agent and figure out a buying strategy
(01:24) — Inventory is incredibly low right now
(02:15) — Buyers are confident in the market
(03:09) — Mortgage rates are at all-time-low numbers
(03:46) — Why we’re not in danger of a market crash
(05:05) — It’s the perfect time for buyers and sellers alike to jump into the market
(06:08) — Things are still affordable, even with rising home prices
(06:49) — Conclusion to today’s video
If you have any questions about our market or would like more information, feel free to reach out to me anytime. I look forward to helping you soon.