Thanks to the super low inventory of available properties, the number of settled units in June dropped 18% compared to June of 2021. Despite the rapid increase in interest rates this spring, prices still rose 11% from this time last year. Thinking about buying or selling (or maybe both)? Wondering ...
Continue ReadingHousing inventory drug along at super low levels once again in May. And, despite rising interest rates, prices did not seem to be affected, as the trend of multiple, higher-than-list price offers continued. So clearly, the number of buyers looking is still much higher than the number of homes available ...
Continue ReadingInventory levels for April were still very low but they have begun to rise a bit in May. So far though, the rising interest rates have not scared buyers away, as they continue to gobble up the inventory as it hits the market. Thinking about buying or selling (or maybe ...
Continue ReadingLow inventory levels continue to dominate the market conditions. Interest rates are starting to climb. So far the higher rates have not had much of an influence on the final sale prices, which continue to rise. Thinking about buying or selling (or maybe both)? Wondering how the current market conditions ...
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