The market is maintaining the same upward trajectory as last month. The total number of homes sold continues to out pace 2014 by 20.8%. Notable is that total number of homes & condos sold is nearly the same as 2013. This is significant as the median price for homes and condos has increased by 28% &…

The market has momentum, almost half way through the year and we continue to see sales increase and upward pressure on price in almost all price points. Condos have experienced a huge 41.9% increase in sales year to date and single family homes have increased by 12.7%. The condo market is led by a couple…

ACTIVE, this market has a lot of activity right now.  I am experiencing and hearing about many multiple offer situations.  Across the board in all price points, people are buying homes right now. I believe we are seeing an uptick in activity for two reasons.  First, I hear a lot…

In my mind, the market correction in 2008 does not seem that long ago and the recovery very recent. With that in mind, I anticipate that sales should be on a strong upwards projection. What surprised me in 2014 was that though we saw a continued rise in prices, we…

Over the last couple months, we have seen a few interesting occurrences in the real estate market. The first one being in November the Fed decided to end QE3, the program to buy treasury and mortgage-bonds.  Since the housing bubble burst the fed has introduced three rounds of quantitive easing (QE).  Since the beginning of…