Real Estate News & Information

It’s the time of year when for-sale signs typically start popping up like tulips and daffodils. Houses show well in the spring, just as the number of homebuyers peaks and sellers feel more ready to list. While we are seeing the market thaw this spring, challenges remain, especially for buyers. There remain more buyers in […]

Seasonal changes are starting to take shape across the region and the local real estate market is experiencing cautious optimism. As we transition from winter to spring, home and condo sales are increasing, in both units and price. Low inventory means motivated sellers are finding success in about a week’s time, while buyers thread the […]

Like some plants and trees, the local real estate market is starting to bloom. Last month, median residential sold prices increased in each of the four geographic areas covered below. That’s welcome news for intending home sellers, who are also benefitting from continued low inventory region-wide. At the same time, local buyers are seeing stabilizing […]

Finally, there’s some good news for prospective homebuyers facing affordability headwinds: The average long-term US mortgage rate remains in the mid-6 percent range, marginally increasing homebuyer demand. According to mortgage buyer Freddie Mac, 30-year fixed rates have largely been in decline since the end of October when they were in the upper 7 percent range […]