Inventories are increasing. An interesting factor is the number of homes reducing their asking price, a prelude to lower prices in general. Values are up approximately 18% for the year. Days on the market remain unchanged, good properties still sell fast. Overall...

More sellers are making price adjustments. More sales have fallen out and are back on the market. Mortgage rates have been bouncing around, today they are 5.375% for 30 years and as low as 4.50% for a Jumbo 15 year.

More new listings hitting the market. Sale pendings are up slightly. Mortgage rates took a fairly steep rise, 5.25% to 5.75% range. There are many different programs for financing available and easy to fit your timeframe and plans.