Devin Shellito - Weichert Realtor Tower Properties

A quick housing market update for buyers and homeowners:

This week, the federal government announced plans for Fannie Mae and Freddie Mac to purchase up to $200 billion in mortgage-backed securities, a move intended to support the mortgage market and potentially help ease interest rates.

This doesn’t mean mortgage rates are suddenly “fixed.”
Rates still change daily, and the housing market depends on many factors like inventory, affordability, and local demand.

That said, the announcement has helped slightly improve market sentiment, and some lenders have recently shown early signs of rate relief. It’s something worth watching — not reacting to.

Right now, the market is in a transition phase. Some buyers are still waiting, while conditions may gradually become more favorable over time.

If you’re considering buying or refinancing, the focus shouldn’t be on timing the lowest possible rate, but on understanding your budget, long-term plans, and available options.

As always, informed decisions matter more than headlines.

If you have questions about how current market conditions affect you locally, I’m happy to help!

👀 Let’s play Guess the Price

🏡 Home details:
• 4 beds
• 2 baths
• 2244 sq ft
• Located in St. Cloud MN

💭 What do you think this home is sold for?
Drop your guess in the comments 👇

I’ll post the answer later this week in the comments.

(Photo from a publicly available listing)

Selling a home is a big step. It’s the place where years were spent, memories were made, and maybe even where you watched your kids grow up. But like most things in life, sometimes change is necessary. whether it’s because of personal reasons or simply the next chapter. When that time comes, for you or someone you care about, I’d be honored to help in any way I can, no matter where you are or what stage of the process you’re in.

💰 THIS or THAT? Let’s see what matters most to you! 👇

👍 LIKE for a Shorter Commute 🚗💨
❤️ LOVE for a Bigger Backyard 🌳☀️

If you had to choose — would you rather spend less time driving, or have more space to relax at home? 👀👇

1 year down And many more years of excellent service to come!!🙌🏻

Happy Anniversary, Devin Shellito - Weichert Realtor Tower Properties! 🎉

Congratulations on 1 full year with Weichert, Realtors - We are thankful to have you on our team!

🏡 Professional & Helpful:
“First impressions matter — especially in the fall! 🍁 Keep your yard tidy and leaves raked to boost curb appeal and attract buyers. Little details can make a big difference this season. ”

📊 Market Update:
Lots of new homes are hitting the market and, The averages sale prices are down!
If you’re thinking about buying or selling, now is a great time to make your move.

📞 Call me today!
Devin Shellito | REALTOR®
320-496-5049 | [email protected]

🏡 First-time homebuyer? Start smart!
Before you fall in love with a listing, make sure you’ve covered these key steps. I’m here to guide you every step of the way — let’s find your dream home together.
📲 Devin Shellito | [email protected] | 320-496-5049