Payments Drop 12%, Monthly Sales Up 9.4% | As the Market Turns: Could a Recession be Good for Housing?
With recent interest rate reductions we're seeing more buyers enter the market, and at the same time more inventory. Economists are predicting that we'll see a balanced market again by November. That means price stability and less negotiating power for buyers - but an influx of inventory and the t
Builder Incentives Reach 5-Year High
Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price.🔹 Maybe the layout feels off🔹 Maybe it still needs some updating🔹 Or maybe it’s just more of the sameThat’s why more buyers are turning to new construction – and findin
New Contract Activity Bounces after July 4th | Active Supply has Been Reduced 14% since April
While we're still in a strong Buyer's market, Sellers have become exhausted with price reductions and are choosing to take a pause on selling. A reduction of inventory makes the Buyer market tighter and somewhat less appealing. For those Seller's sticking in the game, they need patience and flexibil
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