Tell me your favorite part about Thanksgiving Day!
October was a slower month than expected with average property sales -31% to LY. Rising interest rates and low inventory are keeping prices relatively stable although buyers now have more power to negotiate. This is a phenomenon our market has not seen since 2008-2009.
My listings are performing well and thankfully my sellers have found great buyers where we will close before year end and in many cases sooner than scheduled.
At this time of year it's nice to be able to focus on others. Red Oak has a great program I contribute to with every transaction that helps us give back to great local organizations with needs.
I am so thankful for all of you and this great life we have. I hope you can take time over the coming week to spend with those you love and have gratitude too!
Have a great holiday!
- Simon Black
Photo Credit: Monstera/Pexels
