With fewer home sales across the 53 U.S. metros measured in the report, home price appreciation continues to slow.

4min read

October 2022 marked the third consecutive month of a decline in Median Sales Price, according to the latest RE/MAX National Housing Report. October also saw 30.7% fewer closings and 36.8% more homes for sale compared to the same time last year. And at 35 days on market, the average home took nearly a week longer to sell than it did in October 2021.


These notable metrics are a proof point of the changing housing market landscape since the onset of the COVID-19 pandemic over two years ago.


Although industry reports are revealing a continued decline in home sales,…

363 Views, 0 Comments

Read Full Post

According to a RE/MAX agent and interior design specialist, a home’s color palette can make a significant impact on prospective buyers. Here’s why.

Using color throughout a home can be expressive, creative and hold cultural significance. But what happens to that level of personalization when it’s time to sell?

According to Jeannie Do, homeowners preparing a property to sell need to look past their own emotional connection to color and focus on what changes – like a fresh coat of paint – can elevate their home’s overall aesthetic, appeal to buyers, and potentially increase ROI. Do, an agent and member of the International Group with RE/MAX Professionals in Lakewood, Colorado, holds a BFA degree in Interior Design and…

697 Views, 0 Comments

Read Full Post