The Delaware Association of Realtors say that the state's housing market is showing increased activity compared to last year.
At the start of the new year Worcester County's housing sales have dropped by 20 percent. Maryland Realtors says that the lack of inventory and the higher interest rate are some of the symptoms of this.
Interest rates are in the five to six percent range, nearly double from a few months ago.
According to the Delaware Association of Realtors, average prices of homes in February were up about twelve percent compared to last year. Active inventory went down about twelve percent.
In Maryland, the association of realtors says the average price of homes was up just under nine percent with active inventory down about 41 percent.
