Market Update 2/20/23

The update on the local market shows that most areas are still in a lack of inventory and in a strong sellers market.

Cedar Lake, however, is showing over a 7 month supply of inventory, which should indicate a stronger buyers market. The inventory is allowing buyers to take their time in choosing a home, verses some of the others areas that it is still the offer on demand concept.

Are you thinking of buying or selling this year. Let's chat about the statistics and what they mean for your particular situation.

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