December 5th, 2022 Monday Market Update | Miranda Alt Real Estate Team | KWSR

Welcome to today's Monday market update! Similar to last week, the numbers in McHenry County are reflecting the seasonality of the holidays. So, they are staying low! While showings are down too, and this indicates that there is a lower number of people looking for homes (there is a limited number to look at anyway), this does not stop all buyers.

In fact, as a seller especially, buyers during this time are typically very serious and highly motivated as it is the holiday season! This means that buyers still have to move, and are ready to go as soon as a home hits the market. Plus it is still far less competitive than spring time, which is a normal time for sellers to list their home during summer months, and buyers to look at moving in between school years, with warmer weather, etc.

Last but not least - mortgage rates! We actually might see a decrease coming in the new year - so, if you are on the fence about buying (or selling!), now is the time to connect. Let me know your questions!

Thanks for watching! #mirandaaltteamrealestate #mondaymarketupdate #kellerwilliamssuccessrealty #kwsr #marketinfo #marketupdate #inventory #sellers #buyers #listing #mchenrycounty #holidayseason #homeowner


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