April 2019 Housing Market Update
Low interest rates provided a much needed push to jump-start the spring homebuying season. Median home prices across the state have been softening since last summer. Flattening home prices, coupled with low rates, should improve housing affordability and bring more buyers back to the market. Pending home sales, meanwhile, showed healthy improvement in March, which suggests a brighter market outlook could be in place in the second quarter. Should we expect housing demand to get better from this point on? Tune in to our webinar to get the latest update.