“What is happening with our market?” A question regularly posed by both buyers and sellers. The stats don’t lie…there isn’t a ton happening because there just aren’t enough properties listed! Interest rates play a part in the lack of movement. But, you date your interest rate, you marry your home! Properties continue to increase in value. So, even though buyers can have a higher interest rate for a time, they can refinance when the rates decrease. The typical increase in housing prices mean that your P & I could actually be higher IF you choose to wait to purchase the home of your dreams. Give me a call and we can chat about it!
Market Stats October 2023
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