What’s happened to prices and monthly payments near you? Find out in this week’s market update.

Buyers we talk to want to time the market so they jump in when they can get the perfect interest rate and home prices aren’t higher than they are now. More on this in our weekly Market Update

Numbers are available for last month and the market is definitely heating up. See how things are changing in this week’s market update.

Everyone has been asking about “that settlement,” so we think covering it in this week’s market update is essential. They’re asking about the proposed settlement between the National Association of Realtors (NAR) and home sellers. Once the court approves the settlement – likely in June or July – the way homes are bought and sold throughout the country will change. Let’s dive into that in this week’s Market Update.

Detached homes are selling faster than they have been, but attached homes are taking longer to sell due to the increase in condo inventory. Rising inventory gives buyers more to choose from and puts pressure on

From January 2023 to January 2024, the median price of a home sold in our area went from $539,950 to $569,900, a 5.5% increase. What’s in store for 2024? Some experts have recently revised their predictions. Attempting

While the number of active listings climbed to 4,875 at the end of last month, inventory was still less than 40% of our January average of 12,215. The low number of homes for sale means the

This morning, I looked at the last 482 homes sold in our area – about seven days’ worth of closings – to get a sense of pricing trends. When they went on the market, the median

Happy New Year! During the last month of 2023, closings were down almost 10% year-over-year and it took 45 days on average before sellers accepted an offer. Our local market in December: Residential – Detached and Attached Homes

Mortgage rates hit a nearly 3-month low. That’s good news for buyers and sellers, but what’s in store for 2024?