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REAL ESTATE UPDATE

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REAL ESTATE UPDATES

Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets. 

April 2022 brought $5.61 million in sales, a median sales price of $391,200, and 2.2 months of inventory. The median sales price was up 14.8% year-over-year, and inventory was down 0.1 from April 2021.




 


Are there more homes coming on the market?
Why rising mortgage rates push buyers off the fence
     





  Existing home sales fell in April to the lowest level since the start of the pandemic
  Rising mortgage rates and continued tight supply caused home sales to drop to the lowest level since the start of the pandemic.
 
 
 
 
 
  Something big is happening in the housing market
  As data trickles in for April, it's becoming clear that the historically hot housing market has flipped trajectories.
 
















 

"Historical context is important. An average 30-year, fixed mortgage rate of 5.5 percent is still well below the historical average of nearly 9 percent. "

- Mark Fleming, Chief Economist at First American


 





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  DID YOU KNOW?
 



   
  We'll eat 1.76 billion candy canes this holiday season  
 
 





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AND THE MOST POPULAR CHRISTMAS SONG IS ...
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10 HORRIFYING HOME DESIGN TRENDS OF 2022
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CHERISH YOUR MEMORIES WHILE SAVING SPACE
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Robert Woehrle ... 
415-287-9100 sdddd t w
robert@woehrle.com
ccd jjj 20 u

         



       


                   

   



 
Robert Woehrle ... 
415-287-9100 sdddd t w
robert@woehrle.com
ccd jjj 20 u




   



   



 
Robert Woehrle ... 
415-287-9100 sdddd t w
robert@woehrle.com
ccd jjj 20 u