Melissa's Blog Content
Promising Trends Amid Rising
Fixed-Rate Mortgages
For Week Ending July 15, 2023
As we analyze the real estate landscape for the week ending July 15, 2023, we find a plethora of promising trends to embrace. Despite the challenges posed by rising fixed-rate mortgages, the emergence of adjustable-rate mortgages (ARMs) has breathed new life into the market. Homebuyers, especially those seeking loans exceeding $1 million, are increasingly turning to ARMs as a viable solution.
The Surge of Adjustab...July 2023
REAL ESTATE NEWS
Brought to you by Melissa Gootee
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Look To See How Our 2015 Market Compares To Past Years!!
INVENTORY OF NEW LISTINGS up 4.9% CLOSED SALES up 12.6%
AVERAGE DAYS ON MARKET down 2.6% AVERAGE SALES PRICE up 4.6%
AVERAGE % OF ORIGINAL PRICE up.08% DOLLAR VOLUME OF CLOSED SALES up 17.1%
This is a live interactive graph
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