The market has surprised many over the past few weeks, including new rules form the federal government, which was lead by dropping interest rates which are further spurred on by the big banks battling to earn your mortgage business. I don’t recall banks every offering more incentives to make a switch than I am seeing today. The numbers included in the Q1 TW report will confirm that we are in a Seller’s market. This is most true when looking at sales below $600,000. Sales above $600,000 are taking place in what is considered a more balanced market and sales in the $900,000+ range have been firmly set in a Buyer’s market. As always, there are loads of opportunities in this market and buried inside these numbers. 

Do you want to dive deeper into the local real estate numbers? Please check out the quarterly report attached. Questions about the report? Call or write anytime as we always love to hear from you. 

For the full report: