Market Reports: November 2021

Market Reports: November 2021

Active listings decreased 3.1% and sold listings went down 1.8% compared to this time last year. The Months of Supply of Inventory experienced a slight decrease, falling 1.3% compared to last November.

Market Reports: May 2021

Market Reports: May 2021

As the weather warms and the first day of summer rapidly approaches, the U.S. housing market shows little sign of cooling down. Robust buyer demand, fueled by low mortgage rates, continues to outpace supply, which remains near historic lows.

Market Reports: April 2021

Market Reports: April 2021

April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above the asking price. While housing affordability remains an area to watch as prices continue to rise, strong buyer demand and limited housing supply show no signs of easing soon.

Market Reports: March 2021

Market Reports: March 2021

Normal spring increases in sales activity and relaxing COVID-19 policies created a bustling March real estate market. A busy and competitive buyer market is likely ahead with existing home sellers and new construction activity below necessary levels to bring the market back into balance.