“The Berry Hill/Melrose neighborhood is experiencing exciting yet challenging times with its low inventory and the surge of new residents moving into the area. We see record numbers in average sales prices, and the reduced inventory leads to multiple offer situations in all price points. With the recent addition of Publix in its urban core, the inflation of equity should remain healthy. Still, I believe there will be a three-to-six-month window before the vaccine’s effects are fully felt, leading to interest rates inching up and numbers normalizing.”
— MART HA MON T I E L - L EW I S
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