October 2021 Market Insights

October 2021 Market Insights Key insights from September 2021 (compared to September 2020)* New listings: 7,238 | -8.6% Median sales price: $341,750 | +10.2% Closed sales: 6,304 | -5.9% Pending sales: 5,590 | -14.4% Days on market: 23 | -37.8% Inventory: 8,306 | -15.6% Months’ supply: 1.5 | -21.1% September market remains historically hot as metrics continue slow swing toward balance The … Read more

Understanding Your Credit Score

Understanding Your Credit Score How is your Score Determined?  Payment History 35% of your credit score is determined by your payment history.  Simply, if you make your debt payments on time, your credit score may be on the rise.  Late debt payments are reported to the credit agencies and can damage your credit. Amounts Owed 30% … Read more

Housing Demands Remain Strong

Housing Demands Remain Strong: U.S. Mortgage Applications for New Homes Increases 7% According to the Builder Application Survey (BAS) for March 2019 released by the Mortgage Bankers Association (MBA), U.S. mortgage applications for new homes has increased by 7% in one year. The price of applications increased by 19% in comparison to February 2019. This … Read more