It’s been an interesting Mid-Q3 across our country, with home prices per square foot dropping year-over-year in 36 of the 50 largest metro areas. As someone who’s loved seeing the excitement in real estate, I’m noticing this cooling trend too—a nationwide decrease of about 2% per square foot marks the 10th consecutive month of softening. Sellers are adjusting, trimming asking prices to help buyers and sellers find more common ground, especially with high mortgage rates continuing to test affordability. Even some of the markets that soared during the pandemic are now giving back a bit, as inventory sits above pre-pandemic levels. I’m passionate about helping clients navigate these shifts with optimism and local know-how—there’s always a new adventure in real estate, and I’m grateful to be along for the ride!
Leave a Reply