Listening to the media one might think the real estate market is in trouble.

by | Dec 31, 2023 | Market Conditions

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 favors the sellers in nearly every price range. Inventories, days on the market, prices, rate of sale verses listing, and every other factor points to a traditional and normal market.