Housing Market Update: What Buyers and Sellers Need To Know

Here’s what buyers and sellers need to know about our market.

What’s happening in our housing market? People ask me this all the time, and I understand why. If you need to make a move in the near future, it pays to understand what’s happening in the market. That’s why today, I’m sharing the latest numbers from our market and explaining what they mean for you. You can listen to my full explanation in the video above or skip to each topic using the timestamps provided: 0:00 — Introduction 0:32 — Home prices 1:12 — List-to-sales-price ratio 1:30 — Average days on market 1:55 — Pending sales 2:17 — Homes for sale 3:06 — How inventory affects home prices 4:05 — Interest rates 5:08 — Rental update 6:02 — Don’t be afraid of inflammatory headlines 6:24 — Wrapping things up If you have questions about this topic or anything else, please call or email me. I am always willing to help!