January 2021 Market Snapshot

2020 ENDS. 2021 BEGINS. 2021 begins with the inventory of homes for sale at the lowest number recorded in the last 20 years.  As of January 10th, 2021 there were only 6,162 listings active in the MLS. To make matters even worse, that number is inflated because 10% of...

December 2020 Market Snapshot

ARE FORECLOSURES ON THE HORIZON? With the CARES Act and eviction moratorium due to expire December 31st, many people falsely believe that an abundance of homes will become foreclosures as homeowners begin to default on their mortgages.  This theory has a hypothetical...

November 2020 Market Snapshot

Demand Strong, Homes for Sale Scarce      The real estate market of 2020 will likely go down as one of the strangest years in history.  That is saying something given the meteoric rise of 2005 and the catastrophic fall of 2008.  The pandemic hitting in March quelled...

October Market Update

Warp Speed Market Talking about the 2020 real estate market causes even seasoned agents who survived the 2005 run up to shake their heads.  This is truly a year that feels like “there is nothing for sale”.  While listings coming to market are lower than last year’s...

September Video Market Update

The September market sees what looks like a peak! For all the information on what things look like from the top, Russell delivered a live discussion on our business Facebook page to bring everyone up-to-speed.   To browse our other market updates, you can search...