Of course there is a big spread between home prices in February and March of this year to now but did you know that since July average prices have held steady in spite of numerous interest rate hikes? Prices have not continued to trend downward which is somewhat positive news. The number of sales has also been flat since July as have the months of inventory. Considering that there is so little product, it’s evident the market hasn’t shut down as some media reports suggest. There are homes trading hands and it’s an excellent time to negotiate on your next purchase which offsets the relative loss on the sale of your existing home. I’d say the current vibe in the market is “cautiously optimistic”!