Please click on the image below to access October's MLS Market Report.
Sellers:
Active inventory stayed relatively stable while the number of homes that went under contract and sold dropped (again) from October. Home values saw a decline this past month but are overall at the highest point since 2006.
Buyers:
Multiple offers are still common for homes under $200,000. Thankfully, the majority of sellers are "traditional" sellers and are more agreeable to making inspection repairs and accepting contingencies. We warned you it was coming and now it happened...interest rates went up this past month. Time to get off the fence and secure a good rate before they go up again!
For information about buying or selling a home, use the contact information form. We'd love to hear from you and answer any questions you may have.
