I’ve been talking about how this is a supply constrained market... and finally now at the end of April as we see a little more inventory, the good news is that we’re seeing more purchases too. This seems to confirm my conclusion: more supply of homes for sale means more home sales. This is … [Read more...]

The clock is ticking on tax day 2023. We've got a cheat sheet for all the important federal and state tax deadlines, and what to do if you need more time to file. When are taxes due in 2023? April 18, 2023, is tax day, the federal deadline for filing a 2022 federal income tax return. … [Read more...]

I saw a New York Times headline this week that implied the market was slow because “sellers are unwilling to lower their price.” The implication is that if sellers dropped prices, we’d have more home sales. But that’s not true. We already have more buyers than sellers. Home buyers are buying … [Read more...]

  MONTHS OF SUPPLY What does “Months of Supply” tell us about the market? To break it down simply: Balanced Market = 6 to 7 months of supply There are a relatively even number of buyers and sellers. Seller’s Market = Fewer than 6 months of supply There are more buyers than homes … [Read more...]