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Real Estate News

Thu, 18 Aug 2022 00:00:00 -0500

As inflation appears to have peaked, borrowing costs are starting to stabilize.

Thu, 18 Aug 2022 00:00:00 -0500

U.S. companies are looking to bring operations home from overseas, which will open new opportunities for commercial brokers, speakers at NAR’s C5 Summit say.

Thu, 18 Aug 2022 00:00:00 -0500

While prices continue to rise, existing-home sales fell in July for the sixth consecutive month and are down dramatically from a year ago, according to NAR’s latest housing report.

Tue, 16 Aug 2022 00:00:00 -0500

One in five reported reducing their prices in the past month to increase sales and limit contract cancellations. But a better outlook may be on the horizon, says NAR Chief Economist Lawrence Yun.

Mon, 15 Aug 2022 00:00:00 -0500

Inflation Reduction Act leaves out tax measures that would have derailed real estate investment.

Mon, 15 Aug 2022 00:00:00 -0500

Water views for less than $300,000? A realtor.com® study identifies where buyers can snag waterfront property at an affordable price.

Thu, 11 Aug 2022 00:00:00 -0500

Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist.

Thu, 11 Aug 2022 00:00:00 -0500

“Home prices have increased at a pace that far exceeds wage gains, especially for low- and middle-income workers,” says NAR Chief Economist Lawrence Yun.

Thu, 11 Aug 2022 00:00:00 -0500

NAR’s chief economist shares what now needs to happen to bring down borrowing costs and increase affordability for home buyers.

Mon, 08 Aug 2022 00:00:00 -0500

While women make up more than 60% of the real estate profession, they do not hold nearly that same level of representation in industry leadership roles.



Local Market Statistics

Homes for Sale

402
Inventory


280
Prior Month New Listings


2.1
Months Supply


Sold Homes

239
Prior Month Closing


189,000
Median Sales Price


31
Days On Market


One-Year Change

-4.2%
Sold Homes


+11.8%
Median Sale Price


+10.5%
Inventory