Although the end of summer means back to school, it also means a fresh crop of housing inventory. Now is the time to get your plans in order as the autumn buying season is upon us.

Keep in mind these 3 important market statistics;

1. The $450k- $750K price ranges continues to receive strong demand, with multiple offers common right through August.

2. Competition is still strong as 61 houses closed in August averaging 102% of original ask, although this was down slightly from June and July.

3. Available local housing inventory will jump this month, as 56 new listings came on the market last September, and 60 new listings came on the market in September 2014.

For any buyers who are frustrated by the lack of local inventory, you should get some relief in the coming weeks.

Make sure your pre-approval is up to date, and contact me with any questions you have about setting up a smart strategy this season.

Best, Rich