January2021 Market Stats

January Market Stats are in! What you need to know:⁣

🏡 Home sellers continue to have the upper hand super low inventory, as we’ve seen for months prior.⁣

🏷 The average single-family home price increased to $629,159.⁣

💵 Completely waiving contingencies like an appraisal, loan and inspections help buyers compete, but sometimes still doesn’t win. Cash is king in this competitive market. This doesn’t mean you need the cash to purchase outright. Message me and set up a time to chat!⁣

📈 According to a report published by CapRelo, Douglas County is the #1 fastest-growing “exurb” over the past 30 years.⁣

📰 DACA returns to HUD: Now Dreamers can get a FHA loan on their primary homes and start building financial stability through home ownership. This is a great step in homeownership diversification but they will regretfully find hardship when competing with today’s cash offers.⁣

📩 𝘈𝘴 𝘢𝘭𝘸𝘢𝘺𝘴, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘴𝘦𝘯𝘥 𝘮𝘦 𝘢 𝘮𝘦𝘴𝘴𝘢𝘨𝘦 𝘪𝘧 𝘺𝘰𝘶’𝘥 𝘭𝘪𝘬𝘦 𝘢 𝘧𝘶𝘭𝘭 𝘤𝘰𝘱𝘺 𝘰𝘧 𝘵𝘩𝘪𝘴 𝘳𝘦𝘱𝘰𝘳𝘵 𝘰𝘳 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯𝘴 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵.