MARKET SNAPSHOT
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We're Officially In A Hot Market Again!
The number of homes under contract for all areas of the Valley and all types has risen above 60! So what does that mean? It means we are officially in a hot market here in the Valley again! So how does that affect you as a buyer or seller? We can anticipate home prices rising over the coming mon
Is It Still A Buyer's Market In The Valley?
Buyers should know: Last year, traditional buyers lost traction in the market amid an influx of cash investors and speculators. As mortgage rates increased, this put a damper on traditional buyers' power even more - especially in the market under $500K, where owner occupant buyers composed only 56
2023 Real Estate Market Outlook (And What It Means for You)
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.[1] And while some market sectors have been slow to respond, the housing market has
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