May Market Update
What market conditions favor buyers or sellers? We watch the market month over month with the number of homes selling, how many days on market, and is appreciation going up…
What market conditions favor buyers or sellers? We watch the market month over month with the number of homes selling, how many days on market, and is appreciation going up…
April month end tid-bits The market continues to improve. Sales volumes remain much lower than a year ago, largely because institutional investors and iBuyers (companies such as Opendoor or Offerpad…
After 200% Increase, Supply Still Nearly 40% Below NormalFor Buyers:Rates defied industry predictions once again and rose over a point from 5.99% to 7.1% between February 2nd and March 2nd.…
For Buyers: Affordability is determined by 3 things: family income, 30-yr mortgage rates, and sales price. Price is not the only factor that needs to change to push affordability back…
Jobless benefit claims are down to their lowest levels since the 1960’s evidence of demand for labor exceeding supply.Builder confidence and housing starts for single family homes are on the…