March Market Update
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March Month of Inventory
March’s market data revealed a notable increase in the average months of inventory, signaling a clear shift in market dynamics. This upward trend suggests that homes are staying on the market longer, providing buyers with more options and greater negotiating power. As inventory levels rise, competition among sellers intensifies, creating ...
Continue ReadingFebruary Month of Inventory
February’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 ...
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