Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full ... » Learn More about Home Values Rise Even as Median Prices Fall
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Why Median Home Sales Price Is Confusing Right Now
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report today. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are ... » Learn More about Why Median Home Sales Price Is Confusing Right Now