June Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Jun 28, 2017 | News
LOCAL MARKET UPDATEIt was another month of record-setting home prices in June as the area yet again took the prize for the hottest real estate market in the country. In a bright spot for buyers, the number of new listings added in June was the highest total for any...
May Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Jun 2, 2017 | News
LOCAL MARKET UPDATEThe local real estate market – already the hottest in the country – set yet another price record in April. The number of homes for sale dropped 27 percent compared to a year ago, the lowest amount of inventory ever recorded for a spring month. The...
April Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | May 10, 2017 | News
LOCAL MARKET UPDATEWhile we finally saw an increase in new listings in March, there was an even greater jump in sales.Lack of supply continued to push prices to new record highs. For the fifth straight month, our region has experienced the sharpest home price...
March Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | May 10, 2017 | News
LOCAL MARKET UPDATEHome prices are growing faster in our region than anywhere else in the country. After a brief slowdown last month, home prices in February jumped to new record highs. The reason? The lowest number of homes for sale on record. The surge in prices...
February Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Mar 14, 2017 | News
LOCAL MARKET UPDATEThe local real estate market remains very hot with extremely low inventory and prices that are rising faster than anywhere else in the country. However, that rate of price growth appears to be cooling from last year, dropping to its slowest pace in...
January Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Jan 26, 2017 | News
LOCAL MARKET UPDATEWhile we finally saw an increase in new listings in March, there was an even greater jump in sales.Lack of supply continued to push prices to new record highs. For the fifth straight month, our region has experienced the sharpest home price...
December Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Dec 21, 2016 | News
LOCAL MARKET UPDATEBuyers spooked by a spike in mortgage interest rates gave rise to the busiest November for homes sales in over a decade. Prices rose accordingly. Case-Shiller ranked the area as the housing market with the fastest rising prices in the country....
October Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Nov 2, 2016 | News
LOCAL MARKET UPDATEAt a time of year when sales traditionally slow down, September saw particularly strong sales growth. Home prices rose yet again compared to the same time last year, but they remain below the peak of several months ago. And inventory, while still...
September Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Nov 2, 2016 | News
LOCAL MARKET UPDATEhile homes prices were up by double-digits compared to a year ago, the market frenzy that has affected most of this year is showing some signs of moderating. With the exception of the Eastside, prices for most of the region were down from their...
August Neighborhood Update / Eastside Equestrian Life
by KiamaLise Herres | Nov 2, 2016 | News
LOCAL MARKET UPDATEHome prices are still on the rise compared to a year ago, but there is some indication that prices are moderating. Combine that with an increase in inventory and we may be seeing some relief for buyers. Time will tell whether this is a momentary...