Should you Buy or Sell in 2018?
Should you buy or sell real estate in Hot Springs in 2018? The real estate market in the Hot Springs area is very healthy. Home prices are appreciating and it’s a safe investment over the long term. The tax cuts should also help although the Fed is counteracting that growth with a questionable raising of interest rates which seems to have sparked the sudden stock market volatility. Although some disincentives are present for home buying in certain price ranges, that will help keep the market balanced for 2018. Overall, predictions and outlook for the local housing market are positive. That’s because the US economy is on its strongest roll in a while, bolstered by lower taxes, and growing American confidence. It’s very evident that the American dream has been kindled again when you drive through the thriving little “spa city”. Below is an overview of this year’s sales compared to this same time period year-over-year. Average Days on Market 1/1/17 – 2/28/17: 138 1/1/18 – 2/28/