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Verrado Real Estate And Housing Market Update
Posted by The Cascade Team Real Estate on
Verrado is currently sitting at 65 active homes for sale, including 7 homes accepting back up offers. There are now currently 32 pending homes in Verrado, with 14 of these new construction homes or presale lots. Overall, new construction home activity remains consistent, but the overall market has not seen the fall activity bump we normally see once the weather cools down; possibly due to interest rate hikes and the political turmoil over the last number of weeks. However, if you, or anyone you know, is looking at new construction, Axia Home Loans is currently offering a lock and shop program that will allow you to lock a rate up to six months in advance.
Now when shifting over to sold homes in Verrado, we are still holding at 67 homes sold over…
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Verrado is currently sit at 70 homes for sale (including 7 under contract but accepting back up offers), with 5 short sales and 3 REO lender owned homes. There are now currently 28 pending homes in Verrado, with 14 of these new construction homes or presales. Overall, new construction home activity remains brisk, but the overall market remains slow; possibly due to interest rate hikes and uncertainty around the government shut down. If you are looking at new construction, Axia Home Loans is currently offering a lock and shop program that will allow you to lock a rate for up to six months.
