Mortgage Applications Rise

Sales numbers are down and interest rates have declined consistently over the last four weeks, leading some buyers to lock in a 6.4% rate.

Third Quarter Real Estate Market Report

According to a report issued by NAR, home prices rose year-over-year in 98% of metro areas in third quarter of 2022.

The first half of 2022 shows a median sale price in Incline Village that is almost double what it was 2 years ago.

The Federal Reserve has always controlled inflation and recession with interest rates. For the first time in 2022, rates have come down.