Tag: Market Update
May Housing Market Recap
In April, our median sales price increased to $263,000. Inventory has increased as well along with home values.
April Housing Market Recap
In April, our median sales price increased to $263,000. Inventory has increased as well along with home values.
March Housing Market Recap
In January, our median sales price increased to $261,800. Inventory has started to increase, as prices continue to climb, but homes are taking longer to sell, and there are less transactions.
February Housing Market Recap
In January, our median sales price increased to $261,800. Inventory has started to increase, as prices continue to climb, but homes are taking longer to sell, and there are less transactions.
January Housing Market Recap
In January, our median sales price increased to $261,800. Inventory has started to increase, as prices continue to climb, but homes are taking longer to sell, and there are less transactions.
December Housing Market Recap
In December, our median sales price increased to $261,800. Low inventory remains a concern, as prices climb, but homes are taking longer to sell, and there are less transactions.
What 2023 Will Bring For The Hickory NC Housing Market
From tight competition to aggressive rate hikes, 2022 was a very unique year for the housing market. With house sales steadily declining into the beginning of 2023, many people are wondering if 2023 will be the year to buy a home or perhaps keep renting. Many sites online say that the housing market could have…
The 2022 Housing Market: Record Highs and Record Lows
The 2022 market was one for the books. We saw some positive all-time highs in 2022, such as home values, and some other highs that aren’t so positive (like interest rates). We also saw record lows. Record low interest rates and record low days on market were the new normal in the early months of…
November Local Real Estate Report
It’s a new month- and that means it’s time to take a look back at last month and identify some trends we are seeing in the Real Estate market. With interest rates rising last month (then abruptly dropping .60 points), this report shouldn’t be surprising- it shows slight downturn. But the drop in rates is…
Recession vs Crash: What To Expect From Our Housing Market
The Real Estate Market in North Carolina has started to see the affects of rising rates and lower demand, but here are a few reasons why the market will not crash again like it has before.
