July 2023

When the market is hot, nothing can be more nerve wracking for buyers than to enter into a multiple offer situation where they are bidding against other buyers for the same property. Competition can be fierce and the final accepted offer can be hundreds of thousands more than the original asking price. Compound this with the unknown about how many...

After a year of declining prices, 2023 started off slowly but showed some signs of recovery. Buyers cautiously entered the market to purchase while interest rates stabilized after a year of continuous increases. While March and April are typically the peak time for sales on the Coast, the interest rate increase in January created a slower start and...