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My Monthly Market Summary Housing Market Summary for the Beginning of October 2023 Housing Market Summary for the Beginning of October Hello, September’s spike in mortgage rates resulted in more buyers postponing their home searches. We have a higher increase of new listings in September compared to August which is unusual, and this coincides with more price reductions on listings. I still predict that home prices will be […]
Uncategorized Things to Consider When Buying a Home 9/2023 Fall Edition Things to Consider When Buying a Home The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. You may be wondering if now is a good time to buy a home … or if interest rates are projected to rise or fall. I put together […]
Uncategorized Things to Consider When Selling Your House 9/2023 Fall Edition Things to Consider When Selling Your House It’s difficult to know when is the best time to sell, or how to get the most money for your house, but you don’t need to go through the process alone. You may be wondering if prices are projected to rise or fall… or how much competition you […]
Uncategorized Planning to Retire? Your Equity Can Help You Make a Move Planning to Retire? Your Equity Can Help You Make a Move Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, […]
Uncategorized What Experts Project for Home Prices Over the Next 5 Years What Experts Project for Home Prices Over the Next 5 Years If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better […]
My Monthly Market Summary Market Summary for the Beginning of September 2023 Market Summary for the Beginning of September 2023 Here are the basics – the ARMLS numbers for September 1, 2023 compared with September 1, 2022 for all areas & types: Active Listings: 11,969 versus 18,694 last year – down 36% – but up 6.5% from 11,241 last month Pending Listings: 4,604 versus 5,607 last year – […]
My Monthly Market Summary Market Summary for the Beginning of 2023 Here’s to a bright New Year and a fond farewell to the old; here’s to the things that are yet to come, and to the memories that we hold. – May You Have A Prosperous New Year! “The future belongs to those who believe in the beauty of their dreams.” – Eleanor Roosevelt Market Summary […]
My Monthly Market Summary Market Summary for the Beginning of February 2023 Market Summary for the Beginning of February Here are the basics – the ARMLS numbers for February 1, 2023 compared with February 1, 2022 for all areas & types: Active Listings : 15,598 versus 4,876 last year – up 220% – but down 4.3% from 16,298 last month Pending Listings: 5,109 versus 7,798 last year – […]
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My Monthly Market Summary Market Summary for the Beginning of March 2023 Market Summary for the Beginning of March Here are the basics – the ARMLS numbers for March 1, 2023 compared with March 1, 2022 for all areas & types: Active Listings: 14,739 versus 4,588 last year – up 221% – but down 5.5% from 15,598 last month Pending Listings: 5,911 versus 8,333 last year – down […]
My Monthly Market Summary Market Summary for the Beginning of April Market Summary for the Beginning of April Here are the basics – the ARMLS numbers for April 1, 2023 compared with April 1, 2022 for all areas & types: Active Listings : 13,933 versus 5,051 last year – up 176% – but down 5.5% from 14,739 last month Pending Listings: 5,701 versus 8,008 last year – […]
My Monthly Market Summary Market Summary for the Beginning of May With only 12,500 active listings without a contract we are once again approaching a dire shortage of homes for sale. Even a modest increase in demand is likely to force prices higher and quickly recover the ground lost over the past 12 months. The median sales price is down almost 9% compared to a year […]
My Monthly Market Summary Market Summary for the Beginning of June Market Summary for the Beginning of June Here are the basics – the ARMLS numbers for June 1, 2023 compared with June 1, 2022 for all areas & types: Active Listings : 11,730 versus 9,439 last year – up 24% – but down 6.2% from 12,503 last month Pending Listings: 5,696 versus 6,887 last year – […]
My Monthly Market Summary Market Summary for the Beginning of July Market Summary for the Beginning of July Here are the basics – the ARMLS numbers for July 1, 2023 compared with July 1, 2022 for all areas & types: Active Listings: 11,545 versus 14,406 last year – down 20% – and down 1.6% from 11,730 last month Pending Listings: 4,997 versus 5,766 last year – down […]
Uncategorized Market Summary for the Beginning of August Market Summary for the Beginning of August Here are the basics – the ARMLS numbers for August 1, 2023 compared with August 1, 2022 for all areas & types: Active Listings: 11,241 versus 17,957 last year – down 37% – and down 2.6% from 11,545 last month Pending Listings: 4,842 versus 5,291 last year – down […]
Uncategorized Mortgage Rates: Past, Present, and Possible Future Mortgage Rates: Past, Present, and Possible Future If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of […]
Uncategorized Expert Home Price Forecasts Revised Up for 2023 Expert Home Price Forecasts Revised Up for 2023 Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. […]
Uncategorized Why It’s Still a Seller’s Market Today Why It’s Still a Seller’s Market Today Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions today so good if you want to sell […]
Uncategorized Homeowners Have a Lot of Equity Right Now Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a […]
Uncategorized There’s Only Half the Inventory of a Normal Housing Market Today There’s Only Half the Inventory of a Normal Housing Market Today Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today. You may have heard inventory is low right now, but you may not fully realize just how low or […]
Uncategorized Where Are People Moving Today and Why? Where Are People Moving Today and Why? Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and what they’re […]

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