Treasure Valley Realty Group

With mortgage applications jumping 10% in recent weeks, it's clear that the housing market is still very active. As a real estate professional, I believe that home prices will continue to increase in the coming months. For buyers who are waiting for a market crash, it's important to understand that it's unlikely to happen. Sellers are still in a strong position and want to get the best possible price for their homes. As we move into the spring buying season, demand for homes will likely increase, driving prices up even further. If mortgage rates start to decline again, this could further fuel the demand for housing. It's important to remember that supply and demand play a key role in determining home prices, so buyers who are serious about purchasing a home should consider acting sooner rather than later. Now is a great time to start the buying process and explore options before inventory becomes even more limited. Feel free to reach out to me if you have any questions or want to get started on your home buying journey!

Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again Mortgage rates moved a little bit higher last week, for the second week in a row, but are still in a range that consumers appear to like.