Month of March Market Update
Average Days on Market: 5 Days Homes are moving quicker than last month with the average time on the market being 5 days, with last month being 7 days. The market is heating up and we are anticipating a big spring market. This is up +66.7% from last year at the same time.
Interest Rates: 6.71% Mortgage rates are currently hovering around 6.71%. Interest rates are around the same as last month with them being around 6.70% last month. Still a great time to buy before more buyers enter in the market when interest rates come down, when that happens prices will rise because there will be more demand.
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