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What's Happening In The Market? March Update Please note: this SFAR data is for February 2023 In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarter-percentage point to 4.50% - 4.75%, its 8th rate hike since March...

What's Happening In The Market? February Update Please note: this SFAR data is for January 2023 The US housing market began the year in a state of rebalance, with many buyers and sellers remaining cautious while they wait to see where the market is headed. Nationally,...

What's Happening In The Market? January Update Please note: this SFAR data is for December 2022 2022 was a turbulent year for the US housing market, as inflation, soaring interest rates, and elevated sales prices combined to cause a slowdown nationwide. Affordability challenges continue to limit...

What's Happening In The Market? December Update Please note: this SFAR data is for November 2022 Housing affordability continues to be a major roadblock for market participants, with mortgage rates more than double compared to this time last year. Buyers are delaying home purchases in hopes...

What's Happening In The Market? November Update Please note: this SFAR data is for October 2022 Existing home sales declined nationwide for the eighth consecutive month, falling 1.5% as of last measure, according to the National Association of REALTORS® (NAR), with sales down nearly 24% from...