Local housing market is strong going into 2022, real estate agents say

CHILLICOTHE — There is excellent news for the nearby genuine estate current market heading into 2022, real estate experts say.

“Chillicothe is just as solid as everywhere else,” Jeremy Mills claimed. “I feel we are in this for at the very least a further 12 months minimal for sure.”

Mills owns the Rising Lodging and Rise Land Co. divisions of Rise Realty. 

He stated the Chillicothe industry is a sellers’ current market now, like numerous other marketplaces are.

“Our purchasers are seriously having difficulties and the sellers are doing good,” Mills claimed. “It truly is just a matter of obtaining listings. Everything’s an inventory issue. It truly is type of an epidemic across the board.”

There are about 150 attributes currently on the A number of Listing Support, Increase agent Shawna Detillion mentioned. She said they normally go into agreement within the to start with 7 days of listing and sells for about 2{73375d9cc0eb62eadf703eace8c5332f876cb0fdecf5a1aaee3be06b81bdcf82} of the checklist selling price. Detillion claimed it can take all over 40 to 45 times to full the typical sale.