The number of active listings has hit the highest level for the year!

by | Aug 2, 2023 | Market Conditions

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. Mortgage rates are still moving, it looks like a 30 year will hit 7% soon. The economic conditions remain on fire in the Sioux Empire.