News

June 2017 Market Update

July 30, 2017

A challenging month with complicated settlements – we survived and had 16 settlements for the month of June.  Most of the transactions were homes priced under $400,000.  Interest rates remain steady; new construction continues to have a huge impact on the resale market, especially in the $400+ price point.  Summer renters are looking and looking but not ready to make a commitment at this time.  Some will return in the fall and start their search again.  Thank you for your business and please call with any questions.

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May 2017 Market Update

June 17, 2017

Activity remains steady in the lower price points under $400,000 - buyers who may be sensitive to a potential federal rate increase and wanted to take advantage of the lower rates.  We are still having issues negotiating home inspection results and appraisals - same issues as last month. 

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