McMahan Blog

Mid-Year Update for 2022

Posted by MOLLY J. McMAHAN on June 28, 2022 in  Hot market
Over the past months there has been a seller’s market, however, according to a recent Coldwell Banker survey, 46% of American homeowners are not sure of the current value of their home.  Knowing the value of your home can be challenging in this market with over 120 months of consecutive year-over -year increases (the longest streak on record).  The National Association of Realtors also reports existing home prices were up 14.8% over 2021. While we are no longer seeing 1 or 2 days on market, 88% of h... read more
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