All Categories - Devonshire Real Estate Quarterly

On paper, the national economic picture looks cloudy. Consumer confidence has been on a general downward trend since 2021, with worries about inflation and jobs continuing to weigh on Americans' minds. In March, the annual inflation rate held at 2.4 percent, still above the Federal Reserve's 2...

A Last Minute Change On March 26, 2026, the Devonshire Residential Association announced it was postponing the Annual Meeting that had been set for March 30. The official notice said there was a "procedural matter involving the original meeting notice." The Association stated the reschedule...

The Headline Rate vs. The Builder's Reality According to the latest Freddie Mac Primary Mortgage Market Survey (as of April 2, 2026), the average 30-year fixed mortgage rate stands at 6.46%. That is the number you see in the news. It is also increasingly disconnected from what actual buyers are...

The first quarter of 2026 brought continued recalibration to the Devonshire housing market, with key metrics reflecting the lasting impact of shifting economic tides. As the table above illustrates, median home prices saw a significant year-over-year decline, a trend that, while stark on paper,...

As another year begins, we’re faced again with the chance to set resolutions that actually matter—ones that improve our lives, protect our finances, and bring peace of mind. In 2025, we encouraged you to take care of your home and avoid risky financial fads. In 2026, let’s build on that...

For homeowners in Devonshire sitting on a sub-3% mortgage rate, moving in today’s market presents a dilemma. Mortgage rates remain elevated—averaging 6.15% for a 30-year fixed loan as of year-end 2025—while home prices have softened and inventory is tight. Selling outright may feel like leaving...