Addressing The HousingWire Article On A Buyers Market Progression
Channel: Noel Christopher
Date: 31/12/2020

Renters Warehouse is hiring forward-thinking investment sales agents nationally. Come work with us in conquering the single-family investment space!

HousingWire put out a great write up on the current market (Link below). I agree we are entering into a buyers market which is a healthy progression. This doesn't mean a crash or downtown. This brings huge opportunities in the investment space. This is why we have built out a national brokerage to serve the small investor that is constantly overlooked by the larger brokerage houses. We spend our marketing dollars on attracting buyers and sellers of investment properties. This is much different from the brokerages that spend their money to attract owner-occupied buyers and sellers.

Link to article: https://www.housingwire.com/articles/48220-the-rate-of-homes-hitting-the-housing-market-is-now-at-a-10-year-high/

Highlights of the article:
1. Fifty-nine days on market was a record low for January sold listings.
2. The median sales price of $234,000 was a report record for January.
3. January’s 3.9-month supply is higher than last year’s 3.4- month supply.
4. 9 of the 54 metro areas surveyed reported a supply at or over six months, typically indicating a buyer’s market.

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