Market stats this week show we are in vacation mode. I find it fascinating that showings this year were almost exactly the same as last year, after hanging below the...Read More
Showings are on trend with the previous two years… just lower, with a similar year-over-year drop as last year. Expect showings to drop over the July 4th holiday as it...Read More
New listings are increasing, which is driving up the months supply of inventory… good news for buyers. Sellers, if you are worried that means prices are dropping, don’t. We are...Read More
For the first time since March 2015, months supply of inventory increased rather than decreased in May 2022 compared to the same month in the previous year. While it decreased...Read More
UPDATED AT 7:49 PM 6/17 after price change data was fixed in the MLS… price decreases increased 45% over last week. I was anxiously waiting to see if price decreases...Read More
Showings slowed down significantly nationwide in April per ShowingTime, with the West leading the country with a drop of 35.3%. Good news is the Midwest showed the lowest drop, at...Read More
New and pending listings moved up again this week, along with prices decreases which have been increasing since the end of April. These are signs of a softening market. While...Read More
It is interesting to see how closely showings dropped compared to last year over the Memorial Day holiday… as people’s focus reliably shifts to spending time away from our regular...Read More
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