"It remains a seller's market, despite the higher mortgage rates," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "In September, half of all homes sold at or above the original listing price." September 2023 Market … [Read more...]

"Newly added listings are down 13 percent through August compared to the same time last year," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "This is keeping inventories very tight despite the drop in sales … [Read more...]

“Sales through the first half of the year are down nearly 15 percent compared to 2022,” said KAR president Thomas Howe with McGrew Real Estate in Lawrence. “Nevertheless, it remains a sellers’ market due to very tight inventories.” July 2023 … [Read more...]

"Sales through the first half of the year are down nearly 15 percent compared to 2022," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "Nevertheless, it remains a sellers' market due to very tight inventories." June 2023 … [Read more...]

"The lack of listings continues to affect the market," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "The number of newly-listed homes in May was 20 percent lower than it was last year." May 2023 Market … [Read more...]

"It remains a sellers' market despite the decline in sales," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "Homes are selling quickly and sellers are making few concessions. In April, only 40 percent of homes sold at a discount … [Read more...]

"The number of newly listed properties fell 23 percent in March compared to last year," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "Without more inventory of homes available for sale, the market will continue to favor sellers … [Read more...]

"Home sales have continued to fall in the face of rising mortgage rates," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "Inventories are still very tight, however, and home prices continue to rise despite the decline in … [Read more...]

"Sales activity last month was the lowest January figure we've seen since 2015," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "At that time, however, there were nearly two-and-a-half times as many homes available for sale. As a … [Read more...]

"Although inventories have risen somewhat in recent months, it will still be a sellers' market as we enter the new year," said KAR president Thomas Howe with McGrew Real Estate in Lawrence. "The inventory of homes available for sale at the end of … [Read more...]