Published May 25, 2021
Hard Numbers from our Red-Hot Market
Here’s your end-of-May real estate market update.
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As I’m sure you’ve heard from just about everywhere these days, the real estate market is crazy right now. Many people are feeling uncertain about whether or not they should wait or buy/sell now. Today I’ll share the latest stats from our market to help you understand what’s going on and ultimately help you decide the best path forward.
Feel free to follow along in the video above or use the timestamps below to navigate today’s update at your leisure:
0:30—Missoula County stats
2:00—Ravalli County stats
3:16—Are we in a bubble?
4:17—The impact of foreclosures and unemployment
5:17—What’s driving these increasingly high home prices?
5:54—Addressing homebuyer frustrations
6:37—Why inventory is so limited
7:29—Why now is a great time to buy/sell
If you have any questions about the market or are looking to buy or sell a home, don’t hesitate to reach out to us. We’d be happy to help you with any of your real estate needs.
