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Real Estate Market Update – May 2022

Real Estate Market Update – May 2022

Inventory is still low and it remains a seller’s market. Compared to last year, less homes are being sold. Still, buyers are not doing the same. There are less showings, less offers, and more contingencies in contracts. The days of multiple offers, $100,000 over...
Real Estate Market Update – April 2022

Real Estate Market Update – April 2022

The housing market is still marked by a lack of inventory. Homes that are reasonably priced and in good condition are going under contract within a few days leaving many buyers wanting more. Higher interest rates have not deterred most buyers. The good news is that...
Market Update – March 2022

Market Update – March 2022

Will the Spring make our housing depression go away? The housing market has seen extremely low inventory of homes for sale for the past 2 months. It seems like things are finally turning around and there are more homes on the market than the previous month. Home value...
Interest Rates Affecting Housing Market

Interest Rates Affecting Housing Market

Market Update – January 2022 Mortgage interest rates have been rising consistently for the past 4 weeks. Some buyers are surprised how their estimated monthly payment rose so dramatically in just a week. While this increase will cause panic and a sense of...
Market Update – December 2021

Market Update – December 2021

Is the real estate market asleep? This is the time of year when we make time to see family and friends, decorate the house, and start holiday shopping. The chilly weather calls for warm drinks, relaxing by the fire, and staying warm. Even the hectic pace of work, at...