Nationally, the story is mixed, which is exactly what “balance” looks like. Existing home sales fell 8.4% in January to a 3.91 million annual pace, while inventory was about 1.22 million homes, or roughly 3.7 months of supply. At the same time, mortgage rates have been drifting lower, with Freddie Mac’s weekly survey showing the […]

The tone is shifting toward negotiation, and that is useful for both sides. In the latest Colorado market update, the Denver metro median sale price dipped to about $550,000 and average days on market rose to around 80, with sellers receiving about 97.9% of list price on average. That kind of environment typically rewards buyers […]

Inventory is giving buyers a bit more breathing room, but the pace is still selective. A recent weekly update for Madison County showed new listings down 12% while pending sales rose 23.9%, which is a good reminder that well priced homes can still move quickly. Local pricing has been fairly steady, and the market is […]

In North Alabama, recent local data shows the Huntsville housing market holding steady with modest increases in sales and steady pricing. This creates a stable backdrop where buyers can feel confident exploring options and sellers with thoughtful pricing can find motivated buyers. Inventory has ticked up just enough to relieve some of the intense competition […]