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Real Estate News

Fri, 22 Jan 2021 00:00:00 -0600

“This momentum is likely to carry into the new year with more buyers expected to enter the market,” says NAR’s chief economist. Read more from NAR’s latest housing report.

Fri, 22 Jan 2021 00:00:00 -0600

Hispanic households are expected to see the largest increase over the next two decades, a new report from the Urban Institute shows.

Fri, 22 Jan 2021 00:00:00 -0600

Construction rose to the highest numbers in a decade in December 2020. But builders are concerned they will not be able to keep that pace in 2021.

Fri, 22 Jan 2021 00:00:00 -0600

The 30-year fixed-rate mortgage averaged 2.77% this week. For nearly a year, rates have neared historic lows.

Fri, 22 Jan 2021 00:00:00 -0600

Plants can help brighten indoor spaces and may hold other mental and physical health benefits.

Thu, 21 Jan 2021 00:00:00 -0600

“Right now is a great time for renters in major cities to lock in a low price for 2021,” realtor.com®’s chief economist says.

Thu, 21 Jan 2021 00:00:00 -0600

A major surge in lumber prices could hamper affordability, builders say. But for now, buyer demand for new homes remains strong.

Thu, 21 Jan 2021 00:00:00 -0600

In one of his first actions after taking office, President Joe Biden signed an executive order to extend the federal ban on evictions.

Thu, 21 Jan 2021 00:00:00 -0600

DACA recipients who are legally permitted to work in the U.S. are now eligible to apply for an FHA mortgage.

Thu, 21 Jan 2021 00:00:00 -0600

Some home shoppers are saying "pick me!" with offers of special mementos to sellers or even payoffs to competing buyers.



Local Market Statistics

Homes for Sale

869
Inventory


331
Prior Month New Listings


3.5
Months Supply


Sold Homes

333
Prior Month Closing


148,100
Median Sales Price


65
Days On Market


One-Year Change

+5.2%
Sold Homes


+6.1%
Median Sale Price


-37.5%
Inventory