People always ask us "hows the market"?
We are definitely seeing a shift in the market, which has been growing apparent since the summer. This past summer was slower than it has been in prior years.
Inventory is growing while under contracts and closed sales are lower in comparison to last year.
*Not covered in the report is the substantial uptick in interest rates as the federal reserve has recently hiked the benchmark fed funds rates and mortgage rates have adjusted accordingly.
Below is a link to the most recent analysis made by NSBAR (North Shore Barrington Association of Realtors)
For a full detailed analysis click here!