Interest rates continued to have an impact on the real estate market in August. Housing demand has decreased slightly compared to the same time last year as evidenced by lowers sales and higher days on market for active listings. Median prices have begun to moderate as active listings continue to increase compared to August 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
972.281.7500
Mortgage Rates Ease from Recent Highs While Remaining Above Seven Percent
