National Market News:Excerpts from RE/MAX, LLC March 2022
The RE/MAX National Housing Report is distributed monthly on or about the 15th and is based on MLS data from approximately 51 metropolitan areas—an attempt is made to include at least one metro from each state.
Strong Home Sales with Records for Highest Median Price with Market Lowest Supply
President and CEO, RE/MAX, LLC, Nick Bailey, was quoted in the report, "The market remains very active right now, especially on the demand-heavy buy side. You have buyers rushing to beat mortgage rate hikes as well as buyers ready to roll as soon as the right listing appears."
Housing Market Highlights for March 2022
You can read the full report here. RE/MAX, LLC: RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2022