Quarterly Reports

Quarterly Reports QUARTERLY REPORTS Q2 2023 The recovery from the 2022 correction continued in Q2 of 2023. Since December 2022, prices have increased at a rapid rate. Inventory remains tight and absorption is steady due to pent-up buyer demand. Shorter days on market and healthy list-to-sale price ratios illustrate when a seller meets the market with appropriate pricing and is in […]
Quarterly Reports QUARTERLY REPORTS Q1 2023 We are seeing signs of price stabilization and some growth after the market correction of 2022! Illustrated on the front is the up-down-up trajectory that home prices have experienced over the last year. While we are in the midst of measuring the negative difference from the peak prices of the first half of 2022 to […]
Newsletters QUARTERLY REPORTS Q4 2022 2022 was a transitional year for the real estate market that started off incredibly seller-centric and ended in balance. We started 2022 with interest rates hovering in the low 3%, peaked at 7% in late fall, and ended the year hovering in the mid 6%. This significant jump created a correction in home prices as the cost […]
Quarterly Reports QUARTERLY REPORTS Q3 2022 The real estate market is adjusting to new environmental factors as we round out 2022. Interest rates have been on an upward trend since the spring and have increased by 2 points since the first of the year. This has put downward pressure on the peak prices we saw in the spring as we return to more […]
Quarterly Reports Quarterly Market Reports for Q2 2022 As we head into the second half of 2022, we are experiencing a shift in the real estate market. The market is starting to balance out after two years of an intense seller’s market. Q1 this year had the lowest amount of inventory we have ever seen, which put upward pressure on prices. With the […]
Quarterly Reports QUARTERLY REPORTS Q4 2021 2021 was a year that will go down in infamy in regards to the real estate market. Tight inventory levels, historically low interest rates and increased buyer demand influenced by pandemic lifestyle shifts made for an eventful year! 2021 price appreciation is on top of the strong price growth we also saw in 2020. Seller equity is […]
Quarterly Reports QUARTERLY REPORTS Q3 2021 As we start the fourth quarter of 2021, homeowners are sitting on top of a heap of appreciation. Annual median price growth has been unprecedented. Pandemic-driven moves, historically low interest rates, and limited inventory have all played into this phenomenon.   The third quarter saw price growth start to level out as many sellers have stair-stepped […]
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