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Happy New Year and we hope that you and your family had a wonderful holiday season! Real estate wise, 2023 should be less of a roller coaster ride than we saw last year with an expectation of a flatter market with fewer peaks and valleys. Although the cost of borrowing and carrying a mortgage has risen, sale prices have corrected providing buyers w...
As the year begins to come to an end, we see that the wild real estate fluctuations of 2022 have slowed and some consistency in both sales prices and sales numbers has settled in. The numbers are obviously down when comparing year over year and keeping in mind the market peaked in March of 2022, these statistical comparisons will probably show up e...
As the fear of further interest rate increases begin to subside, we may be approaching the bottom of the correction period in home price sales. With a mediocre economic forecast, there doesn't seem to be any evidence that we are going to bounce back in an upward direction anytime soon but instead flatten out or perhaps give back a little more of th...