There is an overall sense that “normalcy” is returning to the market with June prices showing their smallest growth since June 2020. According to the Northwest Multiple Listing Service’s monthly report, released July 6th, realtors overall said there were more houses on the market, and for longer, in June, with prices continuing to stabilize,
As rates reached over 4.5% last week for the first time in several years, the market continued to stay smoking hot. We expect that if rates continue to rise, we will start to see a material slow down on pricing and perhaps activity, but that has not happened yet. Today’s rates start at 4.625% and
As 2021 comes to an end, everyone is still feeling the pandemic’s influence on the world. In the real estate market, it was challenging year to buy a home. The key factors in this year’s market were low inventory, low interest rates, high demand and fierce competition. If you were lucky enough to win a competitive offer,