Housing Supply Overview Supply remains low in most markets and categories. Buyer demand continues to show that there is room for growth, but we still have not reached a point where a year-over-year increase in the number of homes for sale can be anticipated. For the 12-month period spanning April 2017 through March 2018, Pending Sales in the Western… Read more »
Read MoreHousing Supply Overview Mortgage rates are on the rise. When this happens, it means that buyers in the lower-priced categories tend to have the dilemma of choosing to pay more for their desired home, paying less to get less, waiting for more listings or saving more money toward a downpayment. For the 12-month period spanning March 2017 through February… Read more »
Read MoreHousing Supply Overview As we enter 2018, it will be most interesting to watch demand dynamics, as home sales have been lower in several markets over the last few months. Whether this is related to there being not enough homes for sale, prices getting too high or less buyer interest remains to be seen. For the 12-month period spanning… Read more »
Read MoreWe are excited to announce that we have added additional training ahead of the full Matrix cut-over on March 6th. Beginning Monday, February 26th, Matrix will be hosting four 45 minute Webinars a day through March 1st. The classes are: Just the Basics – Search, Print and Email in Matrix Just as the title says,… Read more »
Read MoreWestern Upstate Multiple Listing Service is pleased to announce that Matrix™ from CoreLogic® is now available. Between now and March 5th, Matrix and Paragon are running parallel. During this time, all listing input and maintenance will still be conducted within Paragon, but you may now begin to utilize every other function of Matrix. We HIGHLY… Read more »
Read MoreWestern Upstate Multiple Listing Service is pleased to announce that Matrix™ from CoreLogic® will be available shortly. Training classes begin on February 5th! Maximum speed is central to the Matrix product philosophy. Built for performance from the ground up, the optimized system architecture allows you to search, email, and operate the system as fast as… Read more »
Read MoreHousing Supply Overview Inventory was again a driving metric in residential real estate in 2017, whether the fewer number of homes available put a damper on sales or created lower affordability due to competitive demand between eager buyers willing to raise the percent of original list price received at sale. For the 12-month period spanning January 2017… Read more »
Read MoreWestern Upstate MLS is excited to announce the launch of Matrix MLS, the system that will be replacing the Paragon MLS system. Matrix is a desktop and mobile friendly platform compatible with all major browsers and known for its speed, ease of use and robust functionality. During the week of February 5th, we will host 9… Read more »
Read MoreWe have received some questions in the office regarding the MLS conversion and wanted to provide you with an update on where things stand as of today, January 9th. A lot of work has been happening behind the scenes. Starting in mid-November, we began the process of sending our MLS listing, agent, and office data… Read more »
Read MoreHousing Supply Overview The primary housing storyline for the past two years remains the same. Demand is high, supply is low and interest rates have been steady. There are a few signs that indicate an increase in the number of homes for sale in 2018. For now, inventory remains low in most submarkets. For the 12- month… Read more »
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