David Fallon

Spring is around the corner and we're seeing additional signs that the housing market is bottoming. The Fed raised rates again (+25 bps) but mortgage rates are now tantalizingly close to 6%. Affordability and demand are definitely improving.

www.listreports.com

There’s been a lot in the news recently about declining home sales over the past year. But it’s important to look beyond the headlines and keep context in mind. According to data from NAR, over 4 million homes sold last year. And if you do the math, that means over 11,000 still sold each day. DM me to learn more about the activity in our local market right now.