The spring home sale season is closed and according to the most recent report from the National Association of REALTORS® almost 50% of homes sold did so in less than 30 days. Homes flew off the shelf and the sad thing is, we’re still singing the same tune – inventory is swinging lower and lower by the week!
May 2019 Residential Market Report
April 2019 Residential Market Report
March 2019 Residential Market Report
February 2019 Residential Market Report
When mortgage rates started to trend upward in the third and fourth quarters of 2018, the focus of those who examine real estate trends turned to first-time home buyers. With their own unique set of challenges already in place, it was expected that the increasing rates would cause greater difficulty.
January 2019 Residential Market Report
December 2018 Residential Market Report
November 2018 Residential Market Report
September 2018 Residential Market Report
July Market Insight
If you're considering becoming a buyer in today's housing market, you're likely wondering what's happening with home prices. A primary factor driving the upward mobility of values continues to be that pesky lack of available homes for sale. A balanced market is one with about 6 months of inventory available, and this marketplace hasn’t seen numbers better than 2 months for some time.