River Falls WI housing market is starting to show the early stages of a housing market correction. Both new listings and the number of closed sales are down 8.3%, and 10.4%. Home appreciation in the month of April 16.2% average sale price appreciation, but this will start to fall as we continue into 2022. The number of showings per listing are declining. More sellers are reducing their list prices Continue Reading
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Pierce County WI Housing Market Correction 2022
Pierce County WI Housing Market Correction 2022 Pierce County housing market is possibly just starting to show the early stages of a housing market correction. The number of showings per listing are declining. More sellers are reducing their list prices after going on the market at a faster rate. Mortgage and new construction applications are slowing. More importantly 30-year mortgage interest Continue Reading
Woodbury MN Housing Market Correction 2022
Woodbury MN Housing Market Correction 2022 Woodbury MN housing market appears to be just starting to show the early stages of a housing market correction. Over the past 12-months both new listings (were down 5.1%), and the number of closed sales (were down 9.5%) though the average sale price appreciation is up 13.4% over the same timeframe. I anticipate we will see the average sale price start Continue Reading
Maplewood MN Housing Market Correction 2022
Maplewood MN Housing Market Correction 2022 The Washington County housing market continued to see average home sale appreciation over the past 12-months but the housing market correction is on its way. New listings and closed sales are both down over the past 12-months. That the number of showings per listing are slowing. That sellers are reducing their list prices after going on the market at Continue Reading
Woodbury MN Wedgewood Luxury Home Realtors
Woodbury MN Wedgewood Luxury Home Realtors - John & Becky Durham showing a beautiful property in Woodbury's premier neighborhood! Brief description of home: Home is off the market and no longer for sale! Custom built, single family home by Derrick Construction. 4-bedrooms on one-level located in premier Wedgewood Heights neighborhood, cul-de-sac, Continue Reading
Woodbury MN – Housing Market Changes – 2022
Woodbury MN - Housing Market Changes - 2022 Locally the housing market is changing from a sellers housing market which has been driven by rapid appreciation for the past two or three years due to shortages of homes for sale. The rapid appreciation has been driven by the pandemic along with historic low mortgage interest rates. Combined it has forced the housing supply to be out of balance Continue Reading
