Inventories are up slightly, even though fewer home listings came on the market.

by | Jul 16, 2023 | Market Conditions

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 year are up 3%.