Market Update: January's Regional Stats are here

Could the market be taking a turn? Prices are down from 2021, but buyer activity was back up in January after a slow December. Prices seem to be leveling out month over month and fixed mortgage rates have actually started to drop.

The last couple weeks have definitely felt different in terms of buyer activity and the number of sales, but it's still a much more buyer friendly market than 2021. Will the uptick in activity and buyer demand continue through Febuary? Time will tell.

If you have questions about the market, I'd love to chat. I keep my finger on the pulse of the market so you don't have to!

Zachary Timmerman
StreetCity Realty Inc., Brokerage