The first month of 2024 is in the rear view mirror! This January brought us what most Januarys bring us: more inventory. Fewer folks list their homes during the holidays and many make a New Year’s Resolution to sell their second home, investment property or finally make the move in the real estate market. What is special about January 2024 is that it continued the trend of more homes being put on the market. In 2022, 449 new listings were added in January followed by 493 in January 2023 and last month 664 new listings were added. That’s more than a 1/3 more listings than last January! That’s a lot of new years resolutions!
When thinking about the market, I encourage you to always think ...