The increase in sales prices comes with a slight decline in existing home sales nationwide, as homebuyers struggle with declining affordability amid a lack of inventory, forcing some buyers to simply wait it out in hopes of more inventory and … Continue reading →

Home prices are still on the increase and that is not likely to change during the summer months. The Median Sales Price increased 16.1 percent to $342,500 for the month.

April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price.

Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels.