Year-to-date 2025, there have been more new listings than in 2024. After two years of tightly constricted inventory, this has been a welcome relief for buyers. Closed sales are trending up despite stubborn interest rates, and it is still a seller’s market with under two months of inventory. The increased selection has tempered the month-over-month […]
Read MoreAs we head into Q2, I wanted to review preliminary Q1 stats in order to report the latest trends in the market. The spring market has sprung, and activity is positive on both the seller and buyer side. The two charts above show key market factors from two points of view, March 2025 over February 2025 (Month […]
Read MoreThe 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. […]
Read More