Blog March 3, 2021
- Inventory remains low. New listings during the past four weeks ended February 21 were 40% lower compared to one year ago.*
- Amid tight supply, the median sales price of homes sold was up 14.1% compared to a year ago.*
- For the first time since May 2020, mortgage purchase applications dipped 3% from one year ago.*
- 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.