Top Things to Know About Real Estate Market This Month

  1. Inventory remains low. New listings during the past four weeks ended February 21 were 40% lower compared to one year ago.*
  2. Amid tight supply, the median sales price of homes sold was up 14.1% compared to a year ago.*
  3. For the first time since May 2020, mortgage purchase applications dipped 3% from one year ago.*
  4. Historically low rates continue. The 30-year fixed-rate rose slightly to 2.81% for the week ending February 19.

To take advantage of this historical time in the real estate market — Call in the professionals. Moving Made Easy®, home sale and relocation support.



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