Since the first quarter of this year, the real estate market in Tuscaloosa has seen a dramatic increase in activity — especially in demand for property which, thankfully for those trying to sell, is being reflected in sales.
Right now, condos, student housing, and houses (especially north of the river) are all in very high demand, selling quickly because of it, and selling at — and sometimes above — asking price. In most cases, if you’re property is priced right, it will sell in most areas of town.
After 4 challenging years in the real estate market, this is very heartening to see for our area and for the increase in consumer confidence it indicates.
All of this to say: If you’re thinking of buying or listing at this time, it is more important than ever to talk to one of our agents. It is essential given how volatile the market has been that you fully understand the market and all of its moving parts before making a decision on a purchase or a listing price. Right now is a great opportunity for those looking into the real estate market but it is an opportunity that should to be handled correctly.