Medina County has excellent school systems, a great sense of community, and outstanding access to highways, making it a desirable place to live. If you’re thinking of making the move to Medina, I understand why! So, what is the state of the market in Medina County if you’re looking to buy or sell right now? Let’s take a look.
The pandemic has undoubtedly affected the housing market, making it ideal for sellers, who are receiving offers at asking price (and beyond!) for their homes. The situation is different for buyers returning to the housing market who have been battling a smaller inventory. This shortage of homes has increased prices and led to bidding wars.
But fortunately, an added incentive for prospective buyers to purchase a home right now is that the interest rates are at a RECORD LOW! A prospective homebuyer should consider if the potential home has all of the perfect amenities or if they are compromising because of the lack of inventory. Another benefit for serious buyers is an alternative to in-person showings, REALTORS® have adapted and frequently utilized the internet and virtual showings that display a 360-degree view of a home.
As an experienced REALTOR®, I have learned to adjust to the new protocols necessary to accommodate sellers and buyers in the current market. It appears the future of Medina County real estate will continue to be bright for the foreseeable future! We should continue to see an increase in available properties. Let’s talk if you need to buy or sell.