Categories: North Salem

The pace of the housing market has picked up | North Salem Real Estate

Several factors are contributing to the market’s need for speed these days, writes Redfin. Demand is high and supply is low, which forces people to make decisions very quickly. Also, new technology is compressing the timeline from listing to tour and offer.

Today, people can find out within minutes when a new listing has hit the market and to schedule an in-person home tour with real estate agent, all from a smartphone. While market conditions like supply and demand will fluctuate over time, changes brought about by technology are most likely creating a “new normal” for the overall pace of home buying and selling, according to Redfin.

 

The pace of the housing market has picked up | HousingWire.

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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