April Market Update

It seems that the spring has brought out more buyers hunting for homes. Many homes are receiving multiple offers over asking, locally.

The top graph shows a steady increase in houses being put up for sale, getting offers, and being sold.

The bottom graph shows that, on average, selling prices are getting closer to the prices at which homes are listed.

The Federal Reserve has decided to keep interest rates unchanged at their current range of 5.25%-5.50%.

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