It is time for your true real estate nine one one midweek update with your local real estate pro, Lisa True. You know, Lisa in Washington, they're debating the BBB, but you want to talk about the five ds. Not to be confused with the budgeting processes.
Right the five d's. You know who is buying and who is selling. Right now, there are buyers, there are sellers. Low interest rates are not keeping everybody from moving. The five d's, divorce, diapers, downsizing, unfortunately, deaths and downturns, you know, jobs, those type of things. Those buyers and those sellers are making decisions, and there are opportunities for both buyers and sellers. Right now. There's a lot of choices out there for buyers.
There are more homes for sale. We're almost at six months of inventory for single family homes. We are over ten months for town homes and condos and Palm Beach County, and prices are bouncing around. Some of the cities that have been hot all year had a little bit of a cool down this past month. Opportunities is just a matter of how you strategically position yourself to take advantage of.
Those You said it, You know, there's always opportunity when there's adversity and you are great at finding it. And the amount of inventory that's on the market right now. You talked about people that are looking to buy for a long time. Then you know, with the interest rates that can come down later that can make the situation far more affordable.
Ongoing it can You know it's an overused phrase, but date the rate and marry the house. If we have rates that decline substantially, all those people waiting are going to flood back in. And let's remember what happened last time when we had too many buyers not enough homes for sale. There were multiple offers, people over pain and losing their dream home. Get ahead of it, and you know you can refinance easily if you need to after the fact.
It's great advice and the trus are here to help you. Five six, one, nine, seven, into eighty three twenty six. Visit True real Estate nine one one dot com or just google True group that's t r EU group