Most people have heard the terms “buyer’s market” and “seller’s market”, but what does that really mean? The easy answer is that the type of market, buyer’s or seller’s, simply describes who has the upper hand in negotiating. That’s the easy answer, but…

In last month’s newsletter, I wrote about the steady shift into a buyer’s market as the balance has tipped, with excessive supply and too few buyers to absorb the current listings. In February, we broke down numbers to show the increase in active listings in the first…

It always seems like it was just yesterday that we were talking about last year or the last quarter. Here we are, and it’s already April and approaching May, which means we now have enough data to give us a good idea of where this year is headed. We talk all the time…

As our market has shifted over the last few years, one main concern that most people have is regarding their home’s value. It’s one thing to be “in the know” about what’s happening in the market, but how it affects you and your own net worth is a little more…

Today as I sit down to write this commentary I am in my office with coffee in hand staring at too many graphs and charts that tell only the beginning of the story that will ultimately be the 2025 housing market. It’s always a question to ponder on which key point and…

It seems that each year when January arrives it feels just as wild as it did the last January… just like that and it’s another year gone by and we’re ready to start fresh. It’s the time for reflection about the previous 12 months and contemplation about the next 12…

As we come into the trailing days of the year and get prepared for 2025 (as crazy as that is to say), there are big questions about where the housing market might be headed in the new year.

For the last couple of years as I’ve written in my newsletter about supply & demand a lot of focus has been paid to the demand side of the equation. This is for good reason, of course, because the high interest rate environment has greatly affected buyers ability or…

Every four years we get a new round of global uncertainty that is laced with hope, and more often than not, a great deal of trepidation. The last two decades have been especially wrought with this mixture of emotions, and this, of course, leads to big questions around what…

Over the years of writing this newsletter I have talked a lot about supply & demand, home values, interest rates, as well as a host of other important topics. One area I have not really touched on very much is the topic of “days on market”.

It’s been some time since I last wrote about interest rates in any detail, and with this being one of the major contributing factors to buyer demand and the overall direction of the housing market, I thought it would be a good time to address this again.

It’s time again to return to a regular topic in my market commentary, supply & demand. If you’ve been a reader of mine for any amount of time you’ll know that this is my most revisited topic, and for good reason. Understanding the balance of active sellers…