Hello everyone, this is my first blog entry ever.  I am doing some research for a client and reading the real estate stats and it occurred to me that I should be sharing this information with my clients.

 

In its third meeting of this year, the Federal Open Market Committee unanimously upheld its March decision to keep the federal funds rate between 2.25 and 2.5%. The Fed signaled once again that it doesn't plan to cut or raise the rate in the coming months.


APRIL 2019 STATS

2019 YTD vs. 2018 YTD

  • Average Price Up 4.7%
  • Median Price Up  5.89%
  • Residential Units Sold Down 0.7%
  • Inventory Levels Up 22.1%
  • Number of Listings Up 15.1%
  • Foreclosures Down 1.3%
  • Average Days on Market: 31
  • Interest rates Up 4.20%

Seller's Vs Buyers Markets