real estate market update Archives

The Townhomes at On Geneva – Now Selling!!!

August 15, 2024 by Grace Parris

Now Selling Townhomes at on Geneva CLICK HERE FOR MORE INFO!!! 🛏️ 2 Beds 🛁 2 Baths ⏍ 1278 SqFt Introducing The Townhomes at ON GENEVA by Tesoro Builders! This charming community …

Real Estate Market Update: Top 5 Trends

May 2, 2024 by Grace Parris

It is best to step back from all the narratives, opinions, and noise whirling around the housing market and focus on the trends. Housing Market Trends With a third of the year in the rearview …

A Climbing Inventory: Real Estate Market Update

March 26, 2024 by Grace Parris

A Climbing Inventory Inventory has been on the rise and is starting to pick up steam, unlike last year when it continuously dropped through mid-April. A Climbing Inventory: More Homes to Buy …

New Real Estate Market Update

February 23, 2024 by Grace Parris

Stock market news and analysis: The Rate Migration Mortgage rates have crept their way back above 7% with hotter-than-expected economic readings, resulting in a slowdown in purchase activity. Rate …

Real Estate Market Update: 2024 Real Estate Forecast

January 13, 2024 by Grace Parris

The 2024 Real Estate Forecast Housing starts to thaw After reaching a record peak in May 2022, home values dropped through December, seven straight months of dropping prices. Yet, the inventory of …

Real Estate Market Update: Scraping the Bottom

December 3, 2023 by Grace Parris

Scraping the Bottom The active inventory, buyer demand, and the number of homeowners willing to sell have been bouncing around a bottom all year, so it is only up from here. Low Readings for a …

Real Estate Market Update: Rates Rise, Values Slip

October 25, 2023 by Grace Parris

Rates Rise, Values Slip As rates surge higher and affordability diminishes even more, smaller changes in market times shift the market in the buyer’s favor. Higher Rates Squeeze the Market An …

Real Estate Market Update: Lower Ranges Fading Away

August 24, 2023 by Grace Parris

Lower Ranges Fading Away The lower, entry-level price ranges have been slowly disappearing with far fewer closed sales and homeowners choosing not to sell their homes. Entry Level Changes There …

Real Estate Market Update: Affordability Predicament

July 18, 2023 by Grace Parris

Affordability Predicament Even though the housing market is hot once again, many buyers have been pushed to the sidelines due to the high mortgage rate environment. Demand is Low Due to Affordability …

Real Estate Market Update: Sum-Sum-Summertime

June 15, 2023 by Grace Parris

Sum-Sum-Summertime Housing’s Summer Market has arrived, and with it comes an increase in inventory, a slight decrease in demand, and a rise in the market time. Expect the housing market to slow …

Real Estate Market Update: Lack of Sellers

May 11, 2023 by Grace Parris

Constrained 2023 Inventory – Lack of Sellers The high mortgage rate environment has prevented many homeowners from selling their homes, and the trend has only deepened this year. From January …

Real Estate Market Update: A BUYING OPPORTUNITY

April 11, 2023 by Grace Parris

A BUYING OPPORTUNITYProspective home buyers are perplexed at today’s competition to purchase, which will only amplify when rates drop in the future. Mortgage Rate Projections Many experts forecast …