November 2022 Statistics

The Numbers Are In...

Following one of the hottest markets most people have ever seen, it may feel like home prices are dropping. However, with record low inventory in the Walla Walla Valley, prices have plateaued instead of plummeted. As we all know, real estate plays a huge part in our economy, and the big ticket item everyone is talking about is inflation. Inflation triggers change in real estate, mostly with rising interest rates, and while we're at a 40-year high for inflation, mortgage rates will continue to be higher than last year. *

Call us at AH Walla Walla to keep an eye on the rapidly changing market, so you can be first to know when it's your time to shine.

Source: Keeping Current Matters

Melissa Tetz

Alta Homes / Walla Walla

509-301-1371

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