Months supply of inventory has been increasing every year since 2022, when there was only a 1.4 month supply. In May 2025 it increased 4.2% over 2024, to 2.5 months....Read More
The only market data point that went up instead of down this week was price changes… which had the most price reductions since July 2022. No dramatic changes year-over-year in...Read More
I keep hearing from people worried that the real estate market is going to crash. Of course we don’t know what the future holds, but signs indicate otherwise, as least...Read More
After last week’s post-holiday boost the market settled down again this week… coming soon slowed down the most, anticipating the next holiday. Showing activity is tightly on track with last...Read More
Showing activity was below last year at this time, but that didn’t matter… pending sales are still up. The week before the holiday weekend saw the highest number of pending...Read More
Perhaps the chart that best illustrates that we are experiencing the typical Memorial Day holiday slump is the record below of showing activity over the past five years… we are...Read More
Multiple offers were the name of the game in the ‘unicorn’ years following the pandemic, but they haven’t gone away… and this year there was a slightly higher percentage of...Read More
The dip in new listings and bump up in pending sales on the chart is similar to last year, it just reflects Memorial Day about a week earlier this year....Read More
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