Weekly Market Update 7/17/20

This week's market update focuses on tenant rent assistance and the 2 important dates that tenants need to take note of in order to apply for assistance later this year. Ed also discusses the ever-shrinking housing market, noting that the current inventory is about 1/3 of what it should be. This brings issues for buyers, as the pickings are few and far between and offering over the asking price is necessary at this point. Buyers are now forced to get creative when it comes to making offers on homes, even paying more than what the home is appraised for just to guarantee the buy. Things are changing weekly in the market and the economy which means we will continue to adjust and continue to provide our clients with the best service possible. Make sure to watch the full video below and contact our team today with any additional questions!