This month Doug discusses the College Glen Neighborhood Real Estate, the sales that closed escrow in December 2018 and how things are looking for the rest of the winter market and the beginning of 2019.
Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. Since January, rates have increased from 3.95% up to 4.95% and experts predict that rates will increase even more by the end of the year.
There were 8 homes sold in College Greens / Glenbrook for the month of October 2018. That is the same as the 8 homes sold in September 2018. Currently there are 10 Active listings and 8 Pending sales in escrow.