Wondering what’s really going on with home prices? The truth is: it depends on where you live. In the 50 largest metros, nearly half are still seeing prices climb. The other half are seeing slight declines. It’s a clear reminder that real estate is hyper-local. And understanding what’s happening in your specific market is key. Let’s talk about what’s unfolding in our area, and how that impacts the strategy for your next move. #HomePrices #HousingMarketUpdate #KeepingCurrentMatters... read more

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). Here's an explanation of each.  Year-over-Year (Y-O-Y): This comparison measures the change in home prices from the same month or quarter in the previous year. Fo... read more