Kingston Market Update June 2, 2022

Things are continuing to change. More homes are on the market. A lot of buyers are opting out because interest rates are going up. In fact, we’re expecting another interest rate hike tonight.

Here’s what happened this weekend. We went out with a couple and they looked at two homes and fell in love with them. One we knew was gonna be really competitive and probably go over their budget. So we put an offer in on the other one. They got it accepted under asking price with a financing condition and a home inspection condition. So that’s good news for buyers.

If you’ve gone off the market for a while, it’s time to get back in.

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Kingston Market Update May 26, 2022

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The market is definitely shifting a month ago! 80% of new listings sold over asking price. Last week that dropped to 55%. That's good news…

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