Andrews Group | Oakwyn Realty

April 20, 2020
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Graphs, Statistics, Video

Surprising Numbers in April 2020 Market Data

April 14, 2020
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Marketbrief, Video

Are we in a "Buyer's Market?" One would think that would be a very simple question, but it's complicated.

A buyer's market is marked with declining home prices. So far we haven't seen that. In a buyer's market, generally interest rates are trending up. And they are right now. So we have seen interest rates going up, but high inventory is also part of a buyer's market. And the inventory remains very level, on the low side. Sellers are not putting their homes on the market right now, so the inventory is still on the low side. And right now it's very difficult to say. What we are seeing is a stratified market, and a stratified market means that the market's divided, so we have two ends of the market

April 14, 2020
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Marketbrief, Video

Do home sellers have to disclose if they have Covid-19?

Does a seller have to disclose if they have COVID-19? That's a great question, and it's not a simple answer. So actually, I don't believe they do have to disclose that to you.