This week’s blog will be short, sweet and to the point (just like this market). As interest rates hit record lows for the ninth time this year and we face extremely low inventory levels there is a new set of rules to play by…

7 showings in a week.
17 showings no offers.
On the market for 6 days.

That’s what it takes to get a home under contract. In other words – homes are selling after 17 showings (7 of which are in the first week) and is on the market for and average of just 6 days.

I will let that sink in but that is one quick market. 

Liz is  broker and owner of Liz Daigle Realty.

Please follow and like us:
Follow by Email

Leave a Reply

Your email address will not be published. Required fields are marked *