February isn’t known for a lot of action as it is historically one of the slowest 3 months of the year. Still, inventories were mostly flat with few new properties and sales happening. Although, the last week of the month showed good improvement. Mortgage rates are...
More listings came on the market but were absorbed with an equal number of sales. Prices are up. Mortgage rates are up slightly. Days on the market steady. All in all, a very solid market.
Inventories are down slightly as sales have gone up in all categories – sold, pending, and contingent.
Days on the market is up. Homes off market is up, but they are mostly cancelled opting for a new start.
A larger number of new listings came on the market, coupled with an increase of off-market listings, offset each other. Sale pendings remained steady. Closed sales down slightly. Pricing, days on market, and mortgage rates all stayed close to the same as last report.
Mortgage rates are higher than earlier this year; so are prices, they indicate homes are unaffordable. Looking at the market from a seller-buyer point of view and using the National Association of Realtors formula in determining who has the advantage, the market still...
Fewer homes came on the market. Fewer sales. More homes taken off the market. Therefore, inventories are down. Mortgage rates are down in the 6+% range. Prices appear to be losing some ground.
That means pending and contingent home sales are down. Sales are taking longer. Prices are slipping. Mortgage rates are now in the 6% - 7% range.
Closed sales are down. Pending sales are down. Price changes are up. Off the market is up. Mortgage rates are in the 7.5%-8.0% range for a 30-year loan.
Sale pendings nearly equal new listings which are steady. Mortgage rates are still above 7%.
There were fewer new listings put on the market the past two weeks, and there were fewer sales to match. Price changes are higher than earlier this year but similar to the past few months indicating there is little room for premium pricing. More homes came off the...
All categories of type and price range have more houses today than a month ago. Price changes are increasing and beginning to soften a little in some brackets. There have been fewer sales this past month, and it’s taken a few days longer to sell. Mortgage rates are...
More new listings came on the market. The number of current sales is down slightly, and the time for a listing to sell expanded. Price changes have increased. Mortgage rates hit 7%, but have backed off slightly.
Fewer new listings coming on the market offset with fewer sales. Days on the market to obtain a completed purchase agreement is still less than 30 days. Mortgage rates are a solid 7% for a 30 year loan with upward pressure.
Finally, buyers are starting to have real choices. New listings had a substantial increase, while sales continued on a steady path. A surprising number of canceled listings and price reductions suggests an adjustment in asking prices. Days on market is still solid....
Fewer sales contributed to the increase. Mortgage rates pushed upwards and 6.5% is now a solid rate for a 30 year loan, and 6.125% for a 15 year. Price changes are near the same and we are seeing optimum slipping with sellers and their asking prices. Prices for the...
Slightly fewer new listings came on the market and a few less sales. The market is steady with little surprises. Mortgage rates are near 6.5% for a 30 year loan, and 6% for 15 years. This may be a contributing factor to sales, although it’s more likely to be a summer...
Pending sales and contingency sales are steady. Interesting to see more price adjustments and relisting of homes not selling. Prices may be a little softer.
The number of new listings coming on the market is up slightly. Sales are flat. Price changes are the same, but the last month has had an increase. This along with days on the market indicates a steady market for pricing. Mortgage rates were up slightly.
A few more sales. Inventories are up slightly. Price adjustments are on the rise, probably due to poor pricing in the beginning as home values have been going up.
We had more listings come on the market, although sales were up as well. Mortgage rates are steady, with a slight downward momentum. A 15-year loan rate is 5.25%. Days on the market to sell remain the same.
This is a typical seasonal event, as many of the new listings are new construction. Pending and contingent sales are up slightly. Time to sell is down a few days. Price adjustments are mostly steady, and indicate a stable market for pricing. Mortgage rates are just...
The number of new listings coming on the market are comparable to the past few reports. Sold/closed properties and pending sales remain consistent. Mortgage rates are in the 6% range for a 30 year loan.
A substantial increase in the number of properties coming on the market. Current sale pending and contingent sales are both up, and sold/closed properties are up as well. Mortgage rates are DOWN!
Fewer new properties coming on the market, and the sales are slightly down. Mortgage rates increased to 6.5% for a 30 year loan and 6% for 15.
Pending/contingent sales are also down slightly. Time on the market for a sale is steady. Mortgage rates jumped ½ percentage point.
Fewer new properties have come on the market, which is unusual for January. There have been more sale pending/contingent sales which accounts for the decrease in inventory levels. Mortgage rates are holding steady at the 5.5% range for 30 years, and 5% for a 15 year...
Pending sales are steady. Marketing time is unchanged. Price adjustments are up.
Inventories were down, new listings coming on the market were down, pending and contingent sales were down, off the market properties were up, and days on the market were up. All of this indicates a boring market…it’s what happens during the holidays. All in all, the...
Fewer homes coming on the market, and a few more sales, have decrease the number. Mortgage rates are 5.25% for a 15 year and 5.75% for a 30 year! All else remains steady.
Fewer homes coming on the market, fewer sales, and more price adjustments reflects the past two weeks. It appears we are experiencing a seasonal/holiday affect as well as a slow-down in activity due to higher mortgage rates and consumer confidence.
60% of the homes for sale are single family, the rest are twinhomes, townhomes, or condos. New properties coming on the market have fallen and off-market properties have increased. Sales have remained steady. Mortgage rates have stalled.
The number of properties closing is down, so are pending/contingent sales waiting to close. In general, we are seeing a 30% reduction in the number of homes going under contract. Mortgage rate for a 30 year conventional loan is 7%, government loans are less.
New listings are down 20%. Sale pendings are down slightly. Off market property is steady. Days on market is unchanged. Mortgage rates are moving higher… 6.75% for a 30 year conventional loan.
Mortgage rates are up. Consumer confidence is waning. Cost of housing with earlier higher prices, coupled with higher cost of money has increased a potential buyer's monthly investment. Add this to a higher cost of living for almost everything and some buyers have...
More houses are coming on the market. Sales are steady. Prices are stabilizing.
More listings have appeared, both sale pending and contingent sales are up as well. Days on the market remain the same.
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.