For most of us, 2022 was a year spent watching the housing market closely. As mortgage rates fluctuated and home prices continued to rise, many began to expect that the real estate industry was in trouble. However, a better word would be “transition.” Although inflation continues to be a concern, … [Read more...] about Real Estate Remains Fundamental to Local Commerce
Prescott Area Association of Realtors
Area Real Estate Market is Mixed
According to recently published statistics from the Prescott Area Association of Realtors, the area real estate market remained reasonably strong in August 2022 versus August 2021, but there are signs of weakness. For the entire market area, the sold median price versus a year ago is up 7.4%, … [Read more...] about Area Real Estate Market is Mixed
Unprecedented Home Prices Require a Careful Strategy
If you’ve tried looking for a home or selling your current one recently, then you know the housing market continues to be as hot as ever, with some of the highest prices we’ve seen. According to the Multiple Listing Service provided by the Prescott Area Association of REALTORS (PAAR), during the … [Read more...] about Unprecedented Home Prices Require a Careful Strategy
Will the New Year Deliver Another Hot Real Estate Market?
For those in the business of real estate, 2021 was among the fastest-moving markets in history throughout the Quad Cities area. Some of the statistics are actually hard to believe. However, the unrivaled Multiple Listing Service provided by the Prescott Area Association of Realtors (PAAR) reveals … [Read more...] about Will the New Year Deliver Another Hot Real Estate Market?
