My Blog

QUARTERLY REPORTS Q4 2024

By Andrea Wetzel | Jan 13, 2025

The 2024 real estate market experienced price growth and stability amongst volatile interest rates and tight inventory. There was a welcomed increase in closed sales in 2024 compared to 2023, which recorded the lowest level of closed sales since 2008. Low inventory levels were driven by the “lock-in effect” from the previous lower interest rates. […]

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A December to Remember

By Andrea Wetzel | Jan 3, 2025

Reflecting on the joy of the holiday season always brings with it gratitude. One of the most important pieces of my business is working with an office that always makes it a priority to come together as a team throughout the year to lift up our neighbors in need and give back to our communities. […]

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Real Estate Year in Review: Looking back at 2024 to look forward to 2025.

By Andrea Wetzel | Dec 16, 2024

As we head into the holidays and mark the final stretch of the year, I wanted to report on the 2024 real estate market and where we might be headed in 2025. To set the stage, I must mention the ride that it has been over the last five years. Since 2019, we have experienced […]

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Risk, Reward, and Starting at Square One: What potential first time homebuyers need to know.

By Andrea Wetzel | Nov 15, 2024

As 2024 starts to come to a close, I want to spend some time talking about first-time homebuyers. Even if you already own a home, this is an important message to share; it can change someone’s life! In 2023, according to the National Association of Realtors (NAR) 2023 Profile of Home Buyers and Sellers, first-time home […]

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What is your home worth, and why do you want to know?

By Andrea Wetzel | Oct 29, 2024

Your home is your shelter where you make memories, a large part of your financial nest egg, and a vehicle for creating wealth. Knowing what your home is worth is empowering and important. The reasons that may come up when you need to know your home’s value can have a direct impact on your financial health. Do you need […]

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QUARTERLY REPORTS Q3 2024

By Andrea Wetzel | Oct 15, 2024

  The third quarter saw an increase in inventory, a decrease in interest rates, and continued price stability. Interest rates continue to be volatile, and in Q3 they came down by almost 2 points year over year. This caused more buyers to enter the market and pending sales to rise. The number of available listings […]

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Interest Rates Falling & Inventory Rising: Opportunity Knocks!

By Andrea Wetzel | Sep 27, 2024

As we celebrate the start of autumn, the season of change, the leaves on the trees are not the only things that are falling. Interest rates have gradually fallen throughout the year. Just 11 months ago, rates were almost 2 points higher; in the frothy spring market, they were nearly 1.5 points higher. During this […]

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End of Summer Market Update

By Andrea Wetzel | Sep 12, 2024

Summer 2024 welcomed an increase in available inventory, a drop in interest rates, and continued price stability, which has upheld strong home equity levels. After a double-digit ramp-up in price appreciation in the first half of 2024, prices have slightly come off the peak of May 2024 and found stability. This trend is historically consistent with […]

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Maximizing Your Property’s Potential: What you need to know about Middle Housing

By Andrea Wetzel | Jul 29, 2024

Higher-density housing is happening in our state and quite possibly right in your own backyard. This is called middle housing. Middle housing is a term for buildings that are compatible in scale, form, and character with detached single-family houses. In 2023, House Bill 1110 was passed in a bipartisan 35-14 vote in the Senate and 79-18 vote in […]

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