Pending Per Week: The number of homes to go sale-pending increased to 186, up from 179 the previous week. Of those, 54 were new construction sales and 132 were resale homes. Homes for Sale: The number of homes for sale increased to 1004, which is slightly less Continue Reading
Inventory Rate: The Inventory Rate serves as a valuable metric, providing insights into the balance between housing supply and demand within the market. Throughout the past four months, the inventory rate has exhibited exceptional stability, consistently maintaining an Continue Reading
Inventory Rate: The Inventory Rate is a valuable metric that sheds light on the equilibrium between the supply and demand of homes in the market. A lower number indicates a "seller's market," while a higher number points to a "buyer's market". Currently, the inventory rate Continue Reading
Inventory Rate: The Inventory Rate provides insight into the equilibrium between the supply and demand of homes in the market. At 1.2 months, the current overall Inventory Rate has remained steady since mid-January, signaling a slight upward pressure on home prices. Continue Reading
