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Today, we’re going over the current market trends in Casper and the surrounding area. To say that it’s an interesting time in Casper is an understatement. Most of us know that we’re undergoing tremendous changes, but the overall real estate market has remained strong.
Right now, there are over 400 homes on the market. A supply of 4 to 6 months of homes means that the market is balanced. We do have less than 4 months of inventory, but Casper is still in a great market.
Interest rates remain low, hovering around the 3.25% mark. In fact, you can buy a home for less than it would cost you to rent one. There are also some wonderful funding opportunities available. You can buy a home for 0% down! Now is the time to act before interest rates go up.
If you have any questions about our current market, give us a call or send us an email. We would be happy to help you!