Housing Price Trends
Updated 05/07/2025 This newsletter is updated as the economy and situations change. Housing prices have mostly remained flat this past year. Many sales have happened concluded below the asking price and very few above the asking price. There are more homes for sale and they are taking longer to sell. Homes are taking an average of […]
Housing Price Trends
Updated 10/09/23 This newsletter is updated as the economy and situations change. Housing prices have inched up slightly this past year even though here is more available inventory for sale,(homes for sale), as compared to the last few years. Prices have not completely come back to their peak of the early spring 2021 when interest rates were […]
Housing Price Trends
Updated 04/04/23 This newsletter is updated as the economy and situations change. Housing prices just went up a little this past month but are still down 10% – 12% (+/-) from their peak last May depending on the desirability of the home and neighborhood. Escalating interest rates have caused housing payments to rise near 30% (PITI). If […]
Housing Price Trends
Updated 08/31/22 This newsletter is updated as the economy and situations change. For Now… Housing prices have leveled off, maybe even dropped a tiny bit and homes are taking longer to sell. Sale times now average closer to three months versus earlier this year when homes would sell in a week or two, regardless of condition. […]
Housing Price Trends
Updated 07/12/022 Home prices have stopped going up and started coming down a little. Why? Because there are many more homes for sale. Though the number of buyers has not dropped much, the number of sellers has more than doubled. Supply and demand. There’s no longer a shortage of homes for sale. With the high […]
Housing Price Trends
Updated 06/20/2022 For Now… With the high price of housing and interest rates doubling since last year, fewer people are qualified to buy a home meaning there’s less competition to buy your home. Prices are now dropping a little and homes are taking longer to sell. Many home sellers are retirees and are downsizing or relocating outside […]