In April, the real estate market broadly transitioned into what is considered a buyer’s market. This shift is reflected in the average Months of Inventory (MOI) hovering around four months across multiple regions and property types. An MOI of four indicates that, at the current pace of sales, it would ...
Continue ReadingFebruary’s sales, on average, were relatively low, signaling a potential shift toward a buyer’s market. This decline in sales suggests that demand may have softened, giving buyers more leverage in negotiations. As a result, many cities experienced a dip in home prices compared to the previous month’s sale prices. This ...
Continue ReadingThe first month of the new year has brought some promising changes to the housing market. With interest rates beginning to lower, there has been a noticeable increase in the average sale price of properties. This shift in pricing signals a positive trend for sellers and an overall upward movement ...
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