Hot Springs Market Update
Real Estate experts across the country continue to make predictions on What to Expect for the Remainder of 2017. According to an article by Forbes, “ At the start of 2017 experts anticipated price growth would slow, inventory would bottom and mortgage rates would climb. So far, things are not going as forecast…. here's a look at where thing stand and where they could go next: 1. Inventory will remain an albatross. 2. Climbing demand will continue to push prices higher. 3. Affordable housing will be elusive. 4. Homes that do hit will move fast. 5. Mortgage rates will stay low. ” Click here to read the full article. While demand is high and supply is low across the country – Garland County is following the trend, yet at a slower pace. The inventory of homes in Garland County is down 3% since last month; we’re experiencing more “multiple offers” on homes than we’ve seen in years; and we have many buyers sitting on the sidelines ready and willing to buy as soon as