MARKET SNAPSHOT
- ?Sold Listings
- ?Average Sales Price
- ?Average Days on Market
Surprising Trends In The Valley Housing Market in July 2023
July is here and summer is well and truly underway! The latest ARMLS numbers show a decline in several key indicators compared to the same period last year. Latest Numbers Active listings, excluding UCB and CCBS, have decreased by 20% from last year, with a 1.6% drop from last month. Including UCB a
Why Home Sellers Listed Their Homes
According to a recent survey by the U.S.-based National Association of Realtors, here are the top 5 reasons respondents listed for selling their homes. They want to take advantage of the current market — 33% Their home isn’t meeting their needs anymore — 32% They want different features or ameniti
National Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening hom
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