THE MARKET ROUNDUP
November 2020
With mortgage rates still at record lows (2.625% for a 30-year fixed!), the trend of lots of competition and higher home sale prices continues. Inventory both month-over-month and year-over-year has dropped again, and MoM/YoY prices have gone up again. We have yet to see a holiday slowdown, so it continues to be an atypical year in favor of sellers!