Summit County Market Report: There are a plethora of factors currently at play in the housing market, which could benefit both buyers and sellers this year. While many experts don’t expect a paradigm shift in the market compared to past years, the cooling down trend may have already begun after the pandemic where prices skyrocketed. While housing supply is still far from meeting the need, the increase in availability and slowdown of sales gives buyers more time and options. Although buyers may have more opportunities this year than they did in years past, both national and local factors still pose a challenge for those trying to break into the housing market.
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