I know you know the last few years have been a competitive seller’s market. But recent data indicates that the housing market \*might\* be moving toward a more balanced state where neither buyers nor sellers have the upper hand. Are we really returning to market balance? Here are the trends I’m keeping my eye on: ⚖️ Inventory is growing ⚖️ Homes are beginning to sit on the market longer ⚖️ In some instances, sellers are receiving fewer offers The verdict? Lower mortgage rates are ushering in a new wave of buyers previously locked out of the housing market. BUT, it’s important to note that all of this is happening on a national level. Local market variation and economic factors will vary. Send us a DM to chat about how the market is looking in San Diego and we’ll share our thoughts. 📲 #luxurysocalrealty #luxuryrealtor #luxuryrealestateagent #luxuryagent #agentsofcompass #compassrealestate #luxurymarkets #beachhouse #sdlife #sdliving #lajollarealtor #sandiegocounty #balancedm...