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Scott Hobbs | REALTOR


When Will We See Inventory Levels Increase?
This is question #1 among buyer clients these days. Inventory levels continue to be very low. Much of that has to do with seasonality. Real estate is a seasonal business for a number of reasons, with more transactions done in the spring and summer months. There are a number of reasons for that, but in 2024 the major cause is what we in the industry call the ‘mortgage rate lock-in effect.’ Let’s consider a scenario where a homeowner has been in their home for 10 years, but t

Scott Hobbs
Mar 5, 20243 min read


A Tale of Two Buyers: The Key to Success in the Competitive Real Estate Market of Summer 2023
In today's competitive real estate market, being proactive is the name of the game. The Summer of 2023 is not the time for buyers to cautiously test the waters; it's a time for decisive action. Are you in or out? This is the question serious buyers need to answer. To stand a chance in this fast-paced market, buyers must be prepared to make an offer the moment they find a home that meets their needs. The window of opportunity is narrow, and hesitation can cost you the chance

Scott Hobbs
Jul 10, 20233 min read
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