Found 1 blog entry tagged as Verrado Housing Market Update.

Verrado newly listed homes has slowed over the summer as we currently sit at 67 active Verrado homes for sale (including 6 under contract but accepting back up offers), with 4 short sales and 3 REO lender owned homes.  There are now currently 31 pending homes in Verrado, with now only 11 new construction homes.  Overall, new construction home activity remains brisk, but overall the market has slowed due to the hot summer weather and a recent move up in interest rates.  However, Axia Home Loans is currently offering a lock and shop program that will allow home buyers to lock their rate for up to six months.

Now when shifting over to sold homes in Verrado, we find a total of 67 homes sold over the last 90 days, down 23 closings from the last report. …

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