October Home Price Update

October Home Price Update

DEAR FRIENDS AND CLIENTS, Fall is here, and as the weather begins to cool, so does the real estate market.  We’re still very much in a seller’s market, but the incredible rate of appreciation we’ve been experiencing has started to slow.  But home prices are still...
Lumber Prices Drop, But Home Prices Don’t

Lumber Prices Drop, But Home Prices Don’t

After rising to shockingly expensive levels this spring, lumber prices have fallen so far that they are starting to look cheap to some buyers. Homebuilders say they expect to collect higher profit margins rather than drop asking prices.  That is typical following...

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