LOCAL MARKET UPDATE – JULY 2019 JULY 12, 2019 LOCAL ECONOMY The market in our region appears to be moderating. Inventory is up, prices are relatively stable and homes are taking a bit longer to sell. However, with less than two months of available inventory, supply is still far short of demand. Steady buyer activity, […]

If you’re short on space but don’t want to move, a home addition is an attractive way to solve your woes and turn your current home into your dream home. Whether you’re adding a whole new room or a more modest addition, it can turn into a major construction project; with architects and contractors to […]

The pace of the housing market gained momentum in May, bringing an uptick in open house traffic and offers. A drop in interest rates and increased inventory were great incentives for buyers. Despite the increase in supply there is less than two months of inventory available – half the national average and far short of […]

Geopolitical uncertainty is causing mortgage rates to drop. Windermere Chief Economist, Matthew Gardner, explains why this is and what you can expect to see mortgage rates do in the coming year. Over the past few months we’ve seen a fairly significant drop in mortgage rates that has been essentially driven by geopolitical uncertainty – mainly […]