Inventory is Down & Sales are Up

sellerjhersh
Written By Jenny Hershberger
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Our Gallatin County, Montana #housingmarket continues to favor sellers. Single family home inventory decreased by 66.6% in November. Meanwhile, there was a 39.1% increase in closed sales!

According to DaveRamsey.com, the main reason why we are having a #sellersmarket is because of low mortgage interest rates. Before 2020, mortgage rates for the 15-year fixed-rate mortgage dropped down  to 2.69%, which is the lowest it’s been in over 7 years.

This has created fierce competition among sellers because of low inventory  and increased demand from buyers. And so sellers have a great opportunity right now to negotiate and get the price they want for their homes.

Are you curious to know what your house is worth? Call or text Jenny today to find out, 406-570-5869. #bozemanrealestateexperts #jhersh #sellmyhouse #whatsmyhouseworth

Jenny Hershberger

I am a published author, free lance photographer and communication designer. I deeply enjoy learning from new people. Exploring cultures, including various colors, aromas, cuisines, traditions . . . have always intrigued me. My love for traveling and enjoying God's creation is a huge part of my existence. My background in marketing and passion for people have led me onto a path as a real estate agent. My knowledge of the marketing business allows me to give clientele a custom package, giving one's property an edge above the competition.

Read about some of my travels at www.BeyondRoadSigns.com. Purchase my book at www.SingleAndContent.com.

Ask me about real estate in Montana.
REALTOR® with Bozeman Real Estate Experts

https://www.jhersh.com
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