Blog

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...

What's Happening In The Market? October Update Please note: this SFAR data is for September 2022 The U.S. real estate market continues to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. With inflation...

What's Happening In The Market? September Update Please note: this SFAR data is for August 2022 Summer 2022 has been a season of change for the U.S. real estate market. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9%...