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A lot of people have been calling and asking us about how our market is performing. We're happy to tell you that even with oil and gas prices down, it's still performing very well.
The only bad thing we see is that there is a lack of inventory in the area. There are a lot of good buyers looking for homes, so sellers in Monroe can stand to make a very nice profit right now. Homes are selling for more money right now and they're also selling faster than they have in the past. A low supply and a high demand means good news for home sellers.
But buyers shouldn't be scared away by low inventory. Interest rates are incredibly low right now, so your affordability is much higher than it's been in recent years. If you buy now you can take advantage of steady appreciation.
As always, if you need any assistance when it comes to buying or selling, please don't hesitate to contact us. We're more than happy to help you!
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