Price decreases hit a height of 3,859 properties within the last seven days. It more than doubled the previous post-pandemic peak of 1,806 on 20 Aug. 2021. This was possibly in anticipation of The Fed raising lending rates again this week and adding difficulty to loan acquisitions.
All major lease indicators are higher this year than during the same time last year. Year over year increases are 388 New Listings, 100 Pending and 213 Closed.
Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified