Alex Barringer, three sixty Real Estate

What do the numbers tell us?
Houses on the market has dropped nearly 27% from last year.
While 'properties sold' is up 22% from last year and 'new listings' slightly decreased.
This has lead to a decrease from 99 days on the market to just 66.
On top of that, with people qualifying for more and lack of inventory, prices have steadily increased 3.7% from last year.

In conclusion, if you were considering selling your property now is the time to do so to get the most for your home. Next year, we are likely to see more pre-foreclosures hitting the market, which would increase supply and potentially lower price growth. For buyers, it is all about striking fast and striking first with a strong offer. Not just getting pre-qualified but also pre-underwritten could help big time.

Disclosure: I am not a certified lender so please consult either a CPA or certified lender for advice on mortgages and lending.

🏡 AUBURN OPELIKA 🏡

Come see 2813 Springs Lakes Crossing! This neighborhood is amenity-rich: lakes for recreation and fishing, nature trails, and a fantastic clubhouse.

Forbes rated it in 25 Best Places to Retire in America!!

🎉See you there from 2-4pm today🎉

Howdy Y’all!!

Thank you friends and fam for joining my real estate page. As you may know, Krista and I moved to Auburn, AL earlier this year. We bought our first home, Krista started her grad program, and I jumped into real estate.

I’m super excited to share this journey with y’all! This page will be a place for: updates on the market, news about our city, fun things going on in our lives, the occasional pup post and more!

So thank you again for y’alls support— whether we worked together, grew up together, or you are family, I appreciate your support so much.

If you know anyone who is looking to invest in a growing market, find a home, or looking to sell, please send them my way! Cheers🤘