What is up with interest rates?
Everyone seems to have the “answer” on interest rates for homebuyers; some say they will continue to rise, others say they have peaked and will decline. We pull information from a variety of sources, NAR, Goldman Sachs, Wells Fargo, Housing Wire, the Walls Street Journal and we could go on. Interesting enough, there is no... Read More
Local Market Update
Sometimes there is too much data! In speaking with a seller client recently, he pointed to a recent sale in his neighborhood that I would categorize as an “outlier.” here were 8 other comparable properties recently sold in his neighborhood and this one sale sold for a 25% premium. I think you can see where... Read More
What to make of today’s market? In recent published statistics referencing 10 areas that we closely monitor closing; sales were up for the month of August for 9 of the 10 and listing inventory was down in 9 of the 10. Exceptions – Area 2 West Columbia where closed sales were slightly down and Area... Read More