Hello all!

Our stubborn real estate market has just continued on as usual. Slight changes in inventory, sales volume and home values but relatively little fluctuation over the past few years.

Although interest rates are lower than the past 30 year average, monthly mortgage payments are not lower given what home values have done over those past 30 years. With those higher payments one would think home prices would fall, but our lack of inventory fueled in part by our lack of new construction, has pinched our supply and here we are with a median home price of $545K.

Read through our latest report and let us know if you have any questions. We would love the opportunity to work on your behalf when the need arises.

Michael