This regularly scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Video summaries of some articles can be found on YouTube on the Ask Eli, Live With Jean playlist. Enjoy!
Question: Have you noticed a change in the real estate market lately?
Summer Slowdown is Normal, Likely More Pronounced in 2021
It is normal for the real estate market to slow down as we transition from the intensity of the spring market into the summer market and we (myself, my colleagues and lenders I’ve spoken to) have seen that shift over the past few weeks.
I don’t think we are anywhere close to experiencing a market correction, but I do think the change in market conditions from the spring market (which really began in January/February 2021) to the summer market will be more pronounced this year because of…