December 2020 inventory dropped 39.3% behind December 2019. But even more dramatic was the overall months supply, which also takes into account how quickly properties are selling. Overall months supply...Read More
We now have new showing stats starting January 12. The weekly average through January 20 was 5.3% ahead of last year. We don’t see how we got from the low...Read More
No new showings data until next week, but I have been experiencing a surge in showings again as more properties come on the market. It feels more like spring than...Read More
2020 real estate showings ended with a dramatic drop at the end of the year, as it typically does when people shift their focus to the holidays and family time....Read More
It feels like a broken record… mortgage interest rates hit a record low… again! According to data released by Freddie Mac, the average 30-year mortgage hit an all-time low of...Read More
Inventory has been in a basic falling pattern since the 2007 peak, but 2020 has hit a new low, 37.9% below last year at this time. Activity usually is slowing...Read More
Showings are slowing down, but still 31.9% ahead of last year at this time. New and pending listings are also slowing down. Hmmm… we must be moving into holiday season....Read More
Showings have stabilized 28.3% ahead of last year after the Thanksgiving holiday. New and pending listings are intertwined, showing how interdependent they are, more so than ever in this time...Read More
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