Real Estate Update 2025-8-27

Scott Blair from My Favorite Realty gives an update on the real estate market and talks with host Mike Chmielewski.

Scott explained the difference between a seller’s market and a buyer’s market. Scott clarified that the median cost is calculated using four months of records. There is a significant difference in the price of new construction in Palmer compared to that of older homes. The rental market has been stable through the summer, and the average rental rate is 2,700.00.