Housing Market

  My View of the Market, June 2025 The media is buzzing! For the first time in years, we’ve officially entered what some are calling a balanced market. While that may be true in other parts of the country, around here it feels more like a buyer’s market – which, given where we’ve been, is also really big news. Nationally, we’re seeing price drops, especially […]
  My View of the Market – April, 2025 I know what you are thinking. My commentary is going to all be about all the things the news is covering – gloom and doom – tariffs, interest rates, unemployment and how they will affect our market. But I’m not.  Instead, I want to compare what is happening right now in our market, how it […]
  But Josh. What Now? OK. Let’s recap 2024. From January – April things were ho-hum. Status quo. Then from May to September we saw an uptick in activity but nothing earth-shattering. Yes. The Fed rate cut gave us a change noteworthy enough to speak about. Prime rates dropped from a high of 8.5% to 8%. This will directly affect […]
  My View of the Market – September 2024 Last week Jerome Powell announced what every Realtor or people looking to buy a home has been impatiently waiting for – a cut in rates. But, being the cautious observer I am, I waited a week to share what I see the cut has meant to our market. Taking in to account my own clients […]
  My View of the Market – July, 2024 We’re in an interesting place right now; poised on what could be a significant shift in our real estate market. With the Federal Reserve expected to discuss potential rate cuts in their upcoming meeting, there’s a chance they might lower rates now or leave a hint about when they will make cuts. Mortgage companies tend […]
  5 Reasons the housing market won’t crash …despite the doom and gloom being reported everyday. There still isn’t enough inventory to meet current demand. Most would-be sellers are loathe to part with 3-4% mortgage rates. Who can blame them? It seems as though 75% of the listing market is due to relocation, death, or divorce. Builders have slowed down their production. There are […]
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