Interest rates continued to impact on the real estate market. Housing demand decreased compared to the same time last year as evidenced by lowers sales and higher days on market for active listings. Median prices continue to moderate as active listings increase compared to October 2022.
Keep in mind that all communities, neighborhoods and price points are different. Contact me today if you would like a snapshot of the real estate market in your town or neighborhood. I am always available to assist you!
Sal Soriano
After a Multi-week Climb, Mortgage Rates Level Off