From a price range point, starter condos/townhomes as well as starter single family homes up to $800K, while $800K and up homes suffered slightly.
With Fannie Mae tightening guidelines for people who are thinking about using their current home as a 2nd home or investment property, this might be the time to lock down that loan and purchase your dream home.
Check with your mortgage broker for the details and how that affect the specific lenders they work with.
Check with your trusted Realtor about inventory on the market and what’s the best house for your needs and wants!
|
category |
Total Units/ In Escrow |
% Active |
% Pending |
% +/- since 5/28 | |||
|
All SFD’s and CID’s |
|
455/124 |
|
73% |
|
27% |
+1% |
|
SFD’s |
|
336/81 |
|
76% |
|
24% |
+2% |
|
CID’s |
|
119/43 |
|
64% |
|
36% |
+1% |
|
$0 -$500K SFD |
|
55/27 |
|
51% |
|
49% |
-3% |
|
$500,001-$600K |
|
38/11 |
|
71% |
|
29% |
+7% |
|
$600,001 – $700K |
|
58/15 |
|
74% |
|
26% |
+9% |
|
$700,001 - $800K |
|
40/8 |
|
80% |
|
20% |
+6% |
|
$800,001 – $999,999 |
|
50/7 |
|
86% |
|
14% |
-5% |
|
$1M – $1.25M |
|
34/6 |
|
82% |
|
18% |
-3% |
|
$1.25M – $1.5M |
|
25/3 |
|
88% |
|
12% |
-0.5% |
|
$1.5M+ |
|
36/4 |
|
89% |
|
11% |
-1% |
- Buyer’s Market < 25%
- Neutral 25% – 40%
- Seller’s Market > 40%
