“A sales increase in January is a great start to 2022! With the extremely low number of homes on the market, we’re encouraging buyers to have patience in finding their homes. It appears that First Time Homebuyers are purchasing properties in the $100,000-$300,000 range. Interest rates remain well below the historical average, so it’s still a great time to buy! We can’t stress enough the importance of getting pre-approved and speaking to your local Realtor® about starting the selling or buying process,” stated 2022 DMAAR President Jen Stanbrough. For more stats on today's market visit: