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What's happening in our local real estate market?

Christina Swain

Christina was born into real estate. She grew up watching her mother run a successful real estate business and she wanted to follow in her footsteps...

Christina was born into real estate. She grew up watching her mother run a successful real estate business and she wanted to follow in her footsteps...

Sep 2 3 minutes read

What's Happening in our Local Real Estate Market

Bucks County and Surrounding Areas

September 2020

The real estate Market is still crazy! Inventory is at record lows! (I didn't think inventory could possibly be this low) Right now, in our market sellers are looking to capitalize and get the most. Yet, if you overprice your home, it will sit on the market. Buyers know the market and do not want to overpay.


Buyers want to take advantage of the low interest rates which gives them more 
purchasing power, meaning with low interest rates buyers can afford a higher priced home. So, it is an ideal time to buy or sell.

A common question I have gotten from Sellers is: “Will there be less buyers looking now that school has started again?”  The easy answer is, no. With inventory at these drastic low levels over the past few years, we have seen buyers be very flexible. Buyers today are not opposed to purchasing a home in the middle of a school year. September and October will be a great time to sell. Demand will remain high!

When Not to Refinance

If you are thinking about selling and want to net the most, 
come out to our Home Selling Seminar at Core Creek Park on September 16 at 2pm

It will also be streamed live on Facebook. 

You can also pick up a copy of my new book, How to Net the Most When You Sell Your Home, available on Amazon.com

When it comes to buyers, we have seen a few trends:
We have seen an increase in buyers who want to purchase fixer uppers. That market has skyrocketed. People are out trying to find a deal. And right now, unfortunately those deals are extremely difficult to find. The competition is fierce which drove fixer upper prices up as well.

Same goes for the investors who flip houses. The number of people who are trying their hand at flipping has quadrupled in the past few years. This has sent the price of foreclosures through the roof.  It has become difficult in our area to make a decent profit flipping a home.

No matter the condition of your home, if you are thinking about selling next month or in a few years, I offer a free, no obligation, 30 min home salability assessment. This is where I come out to your home and give you tips and tricks on what to do to prepare your home for the market.


Until next month,

Christina Swain with Keller Williams
[email protected] / 215.757.7257

🏡 Coming Soon - September 8th 😃

Click to learn more or contact us to schedule a showing today

9271Reed
9271 Reed Ave Morrisville, Pa

Pennsbury School District

9271Reed
Remodeled Kitchen & Baths

Ceramic tile floor with radiant heat in the kitchen

9271Reed
4 Bedroom

Including one on the main floor

There are still plenty of fun things to do in Beautiful Bucks County!

Source: VisitBucksCounty.com

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