The demand for new homes is at a record high, but the inventory of new homes available is at a record low. A new poll done by Fannie Mae finds that only 25% of homebuyers think it's a good time to buy a home, while 69% are convinced it's a good time to sell. Experts are Continue Reading

The 2021 real estate market was anything but normal. However, industry experts are projecting that home inventory should increase in 2022 which would slow price appreciation. With experts projecting a rise in inventory and mortgage rates remaining relatively low, both buyers Continue Reading

As inventory in the Greater Harrisburg Area remained low, the market also began to slow down as the holiday season approached. The average days on market in November stayed at only 20 days, which was consistent with the previous months and a slight decrease in days on market Continue Reading

Inventory is low and homes are still selling fast! In the U.S., homes spent an average of 45 days on the market, which was eight days fewer than the previous year. Home prices are still slightly higher compared to last year but may begin to lower when compared to the summer Continue Reading

According to Realtor.com's September report, the market is beginning to move in favor of buyers. Median listing prices are starting to decline as the market starts to steady. While the median listing price nationwide in September was up 8.6% from the previous year, the Continue Reading

The bidding wars that had been occurring for several months all around the country began to slow down in August. Though the demand for homes is still strong, the market began to cool down as fall approached and the school year started back up. According to Redfin, 58.8% of Continue Reading

As the median listing prices steady, there are hopes of a positive change in the market for homebuyers, according to Realtor.com. Nationally the inventory of new homes on the market was lower than the previous year, according to Realtor.com, there were 305,000 fewer homes Continue Reading

In June the average days on market continued to decrease and was at only 16 days on the market in the Greater Harrisburg Area, over a 50% drop from June 2020 which was an average of 45 days on market. New listings increased by almost 200 from 844 in the previous month to Continue Reading

In the Greater Harrisburg Area the real estate market continued with its trend as the inventory of homes available on the market was at an all-time low and prices continued to rise. The average days on market stayed consistent with the previous month at only 21 days on Continue Reading

The real estate market in the Greater Harrisburg Area stayed consistent with the previous months as the inventory of homes continued to stay low in relativity to buyers. The average days on market decreased slightly from 31 days on market in March to 22 days on market, which Continue Reading