Housing Market Update: Supply Drops, Keeping Prices Elevated, As 7% Mortgage Rates Freeze The Market
The real estate market is currently experiencing a shortage of new listings, which has resulted in a decrease in the number of homes available for sale. In fact, new listings have reached their lowest level for any early June on record
Smell That? It's a rotting luxury home
The active inventory of luxury homes priced over 500k is up by 20% compared to 2022. On the other hand, pending sales for this price point are down by 46% compared to 2022.
FHA vs Conventional Financing. Which is better?
When it comes to purchasing a home, one of the most important decisions you'll make is how to finance it. Two popular options are FHA (Federal Housing Administration) loans and conventional financing.
Spring selling season bypasses Licking County housing market
Are you looking for a home in Licking County? Well, you better act fast and act now- because it looks like the housing market in this county has no plans of crashing anytime soon!