Local Market Update – November 2023 As we march steadily into the cooler winter months, the expected seasonal slowdown is upon us. Interest rate increases have continued to influence a quieter-than-usual fall market. Higher mortgage rates reduce buying power, as well as the momentum of move-up buyers and sellers. Fewer sellers mean lower inventory and […]

Local Market Update – October 2023 With the fall season finally upon us, the behavior of the housing market is like the range in outdoor temperatures: somewhere between warm to cool. We are seeing a lower overall volume of home sales, compared to recent years, but we are also seeing today’s buyers moving quickly and […]