January 2025: COMING SOON 

What a long strange trip it's been. Or more accurately, that was 2023.

We have come into 2024 with interest rates dropping from 8.5% to close to 6%. There is a lot of pent up demand.

For both sellers and buyers. Inventory is still a challenge but we foresee sellers getting into the market now that it looks

more promising. Single Family Residences saw a drop in price. With fewer buyers in the market in the last 6 months of

2024 and longer Days on the Market, Q4 was actually a good time to buy. Houses were going under asking.

Q1 2024 is seeing a surge with some homes receiving multiple offers again. We are all hopeful that 2024 brings a bit

more stability to the real estate market. But as the adage goes, it's always a good time to buy a house.

 

For those of you who love stats, here is some excellent data from my friends at Land Title, Anthony Meisner and Tucker Brock.

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