Dustin Vance - Quincy, IL Realtor - Century 21 Broughton Team

01/27/2023

Month-over-month, contract signings fell in the Northeast and Midwest but climbed in the South and West. Pending sales declined in all regions compared to one year ago.

01/27/2023

I am extremely grateful to be able to help other

01/27/2023

Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market. Potential homebuyers remain sensitive to changes in mortgage rates, but ample demand remains, fueled by first-time homebuyers.

01/27/2023

Instant Reaction: Mortgage Rates, January 26, 2023. "Mortgage rates continue to remain near the 6% threshold. According to Freddie Mac, the rate on a 30-year fixed mortgage dropped to 6.13% from 6.15% the previous week." http://ow.ly/opsA50MBmPa

01/27/2023

Days on the market have ticked up from the historical low of 14 days to 24 days and the number of competing offers continues to moderate from 5.5 offers per listing in April to 2.3. Buyers, you’re facing less competition and have a bit more time to think! Message me if you’re ready to make a move!

01/25/2023

This report is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners.

01/20/2023

01/20/2023

First-time buyers were responsible for 31% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 26 days.

01/20/2023

The median existing-home price for all housing types in December was $366,900, an increase of 2.3% from December 2021 ($358,800), as prices rose in all regions. This marks 130 consecutive months of year-over-year increases, the longest-running streak on record.

01/20/2023

Instant Reaction: Mortgage Rates, January 19, 2023. "Mortgage rates continued their downward trek this week. According to Freddie Mac, the rate on a 30-year fixed mortgage dropped to 6.15% from 6.33% the previous week." http://ow.ly/lYcf50MvoVR