What's going on in the market? 9/23/2020

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 Hey Guys! 



It's Brielle Camiolo, a Philly local realtor. My office is based out of Northern Libs, but I service from Delco to Far Northeast Philadelphia and beyond. My license allows me to service all of PA! So feel free to ask any questions. 




The question I get asked most often is, "how is the market doing?" 

As of right now, we're dealing with low interest rates and low inventory in the burbs and surrounding areas. 

What does that mean for sellers and buyers?

Sellers are able to tell their houses with in just being on market for a couple days and most likely receive multiple offers. 

Buyers are having to come well over asking price and are waiving contingencies to score a better chance at receiving the property. 

Would I recommend my buyers to do this?

Not all of the time, you have to make sure you truly want this property and want to take the risk. Depending on how the inspections go, you may be able to back out but that depends on different factors and possibility of losing earnest money deposit. 

This is just a summary of what's going on! The market is always changing. 




Feel free to check out: 

https://briellecamiolo.wixsite.com/bcrealestate

facebook.com/briellecamiolorealestate

instagram.com/briellecamiolorealtor



Location: Old City, Philadelphia, PA, USA

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