The South Fountain Valley FV Market:
The South FV single family home market is still going strong, while other areas are wavering. Even with interest rates climbing to 4.75%-4.875%, homes are still selling. However, more attached homes (i.e.: townhouses, condos) are closing below listed: 50% in June vs 30% in May and 16% in April). This is a similar trend for other areas such as South HB as well.
What it means to you as a Buyer:
You are in a better position than you were in the beginning of the year if you are an attached home buyer.
What it means to you as a Seller:
The stats may not completely show it but many of us realtors who have behind-the-scene information on offers and transactions believe this is the last summer before the market changes.
Want to get more info in the local real estate market? Read the attached newsletter!
If you need consultation or assistance in preparing your home for listing, please give us a call. We have years of experience renovating, preparing, staging, and selling homes at any condition and budget. We have also have well-qualified buyers who are ready to deal privately as necessary.
Want to know your options?
The first step to any plan is to get information and understand your options. Give me a call so I can help you with your housing needs.