Pending Per Week: Last week, there was a minor decline in pending sales, dropping from 186 to 173. Among these sales, 58 were new-construction, while 115 were resales. Homes for Sale: A decline in the number of homes available for sale brought the total down Continue Reading
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
Inventory Rate: The housing market inventory rate remained stable at 1.3 months, with new construction inventory at 2.4 months and resale inventory at 1.0 months. Pending this week: There was a slight decrease in pending sales from the previous week, which dropped Continue Reading
Inventory Rate: The overall inventory rate strengthened to just a 1.2-month supply of homes, down from 1.5 months the previous week. The rate for new construction improved to 1.8 months from 2.0, while for resale properties, it decreased to 1.0 month from 1.2. Pending Continue Reading
Inventory Rate: The inventory rate has increased slightly to 1.5 months, up from the previous rate of 1.3 months. The rate for new construction homes has also increased to 2.0 months, while the rate for resale homes saw a smaller increase to 1.2 months. The inventory Continue Reading
Pending This Week: Pending home sales for last week totaled 151, indicating a slight increase from the previous week. Compared to the same period last year, there was about a 25% fewer pending sales. Of the 151 sales last week, 49 were new construction homes, and 102 were Continue Reading
