How’s the market?
The Market Action Index continues to decrease, heading towards a more balanced market. Currently, it sits at 41, down two notches from last month’s 43, with sellers still maintaining an advantage over buyers. It will be key to keep an eye on this as we move towards the spring market.
How are list prices?
The median list price of homes on the market remains steady at the same price from last month, maintaining at $399,900.
What about mortgage rates?
Mortgage rates have come down due to easing inflation, and are currently around the 6.75% range, creating new opportunities for buyers (and sellers) who need to make a move.
Learn more & ask questions
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