Mohamad the agent

03/06/2023

Existing Home Sales
Home sales are down, but pendings are up … meaning as we move into the warmer months, if interest rates do not spike and inventory stays low, we can expect to see sales rise. If you have been thinking about selling and have questions about where the market is heading in our area, message me!

01/25/2023

Prices dropped slightly again—but not by much! And year over year, appreciation has fallen below the historic norm of 4% annual growth. This is in line with expectations around slowing appreciation compared to 20+ percent gains seen over the last 2 years. If you are thinking about selling to maximize your net profit, message me for a free local market analysis to see how much your property is worth today!

12/20/2022

Prices dropped slight again as rising mortgage rates continue to impact affordability—but not by much! And year over year, appreciation is at 6.6, higher than the average of 4 percent. Prices may start to depreciate next year. If you are thinking about selling to maximize your net profit, message me for a free local market analysis to see how much your property is worth today!

11/30/2022

Existing home sales continue to decline but we are still firmly in a seller’s market. If you have been thinking about selling and have questions about where the market is heading in our area, message me!

11/24/2022