As we reflect on 2022 real estate sales data, trends show a slowing sales pace into 2023 from the peak of pandemic buying. While we did not maintain the rapid market of 2020 and 2021, we note that the number of properties sold and the dollar volume transacted still
Key Highlights Pending home sales improved in January for the second consecutive month, according to the National Association of REALTORS®. All four U.S. regions posted monthly gains but saw year-over-year drops in transactions. The Pending Home Sales Index (PHSI)* — a forward-looking indicator of home sales based on contract signings —
Key Highlights • Existing-home sales faded for the eleventh straight month to a seasonally adjusted annual rate of 4.02 million. Sales waned 1.5% from November and 34.0% from one year ago. • The median existing-home sales price climbed 2.3% from the previous year to $366,900. • Existing-home sales totaled 5.03
Inflation, home prices and interest rates were higher in 2022 than they’ve been in years, but if you’re planning to become a homeowner in 2023, you’ve got time to improve your buying power. TheMortgageReports.com recommends talking to a mortgage lender, even if you aren’t ready to buy until later in the
Berkshire real estate sales surged in 2021, and the market continues to slow from the frenetic pace during COVID, in all regions and property types. While the market is surely slower than last year, the number of sales and the dollar volume transacted are at extremely high levels, when looking back over the past several years. With 1,489 overall sales in the county so far this year, that level of activity is only slower than the last two years and far outperforms previous years. The central residential market is the strongest of all sectors, while condo sales soared in north county but fell in southern Berkshire.
Choose your real estate agency, and agent, with great care! As you go about buying or selling real estate over the next few weeks your Realtor is going to become a most valuable consultant. You’re going to want to think of your agent as your Business Partner. We are trained, experienced,
