Posts Tagged ‘Market Update’
Monday Market Update: May 8, 2023
The Weekly numbers are in! New listings jumped 13% when compared to last week’s. Well, that’s good news. You ask, what was total inventory like a year ago? Funny you should ask. We pulled up the numbers from our report from ...
Buyer Activity Is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest Sh...
A Recession Doesn’t Equal a Housing Crisis
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do off...
Monday Market Update: May 1st 2023
Happy May 1st! May the Fourth be with you on this week of the Cinco. For the third week in a row, we stayed on trend with 700+ new listings this past week. Though months of inventory contracted in general and in the million-dolla...
What Are the Experts Saying About the Spring Housing Market?
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rat...
Monday Market Update: April 24, 2023
New inventory stayed on trend with 700+ new listings this past week. Yet months of inventory shrank by 5%. What’s our take on that? The market is starved for listings. Buyers have accepted the higher interest rates and ar...
Monday Market Update April 17, 2023
Oh Wow! Talk about a reversal of a reversal! NEW listings increased 60% over last week’s numbers. A good sign for our buyers and sellers and a healthy Spring Market. Have any questions about how this affects your sale or ...
Monday Market Update
Inventory reversed trend this week and contracted. An unusual development given this is the traditional real estate high season for selling but most likely explained by sellers taking a wait and see approach after all the banking tu...