We continue to see shortages of affordable move-in-ready listings in most markets. Within all price ranges, the best new listings are selling fast with over-asking competing offers. When working with a buyer to write a competing offer, counseling our client as to the offer amount…

Although inventory shortages continue to restrict sales, both new and carryover buyers (who have been looking since last year) are waiting to pounce on the brightest and best of this year’s class new listings. And they all want to lock in with their deals before…

Extreme buyer demand combined with low inventory in the spring of last year to create bidding wars that drove average price from $256k in January to $319k by June. The market settled over the second half of the year as the arrival of fresh listings…

Low inventory continues to plague most of our markets with active inventory tight and demand relatively strong. Rising sale prices should continue in 2022, but the rate of rise will be slower than last year as higher price and interest rates combine restrict affordability that…