Henri Gourd 914-954-3897 henrigourd@bhhsne.com It would be premature to predict a change in the market based on just a few data points, but signs indicate that the local real estate market is moving towards a more balanced position. With the pandemic panic largely behind us, more traditional market forces are coming back into play. In New London County over the last two months, sales have slowed and more homes are coming on the market compared to the same time last year. The resulting growth in inventory means buyers will have more homes to consider before making an offer. This is not to say that buyers are back in the driver's seat. I still counsel my buyer clients to work with their lender now and process as much of the paperwork as possible so when the right home comes along they are able to close quickly. This has proven to be a deciding factor in presenting a winning offer even if the price was lower than competing bids. BERKSHIRE HATHAWAY Home Servic New England Properties Selling it all, from cottages to castles! Henri Gourd 914-954-3897 henrigourd@bhhsne.com It would be premature to predict a change in the market based on just a few data points , but signs indicate that the local real estate market is moving towards a more balanced position . With the pandemic panic largely behind us , more traditional market forces are coming back into play . In New London County over the last two months , sales have slowed and more homes are coming on the market compared to the same time last year . The resulting growth in inventory means buyers will have more homes to consider before making an offer . This is not to say that buyers are back in the driver's seat . I still counsel my buyer clients to work with their lender now and process as much of the paperwork as possible so when the right home comes along they are able to close quickly . This has proven to be a deciding factor in presenting a winning offer even if the price was lower than competing bids . BERKSHIRE HATHAWAY Home Servic New England Properties Selling it all , from cottages to castles !