Spring 2024 Market News

2024 brings relief to buyers and sellers as rates potentially hit their peak in Q4 of 2023 and are predicted to come down this year into the high 5% range or around 6%. So far rates have dropped from a peak close to 8% but are still in the high 6% range fluctuating between 6.5%-6.8%

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Fall Market Update 2023

Market Analysis As we head towards winter we are seeing rates drop a bit, recently down at 7.2%. We are seeing homes sit on the market right now and this can sometimes translate into good deals for buyers. Looking out a little further, in recent weeks rates hit a high of 7.72% and mortgage applications

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Little Relief in Sight for the Beleaguered Housing Market

Buyers, Sellers Remain at Odds By Christine Cooper and Rafael De AndaCoStar Analytics March 1, 2023 | A reprieve in mortgage rates from November to January brought hope that the housing market was starting to loosen up, but recent data show that there‚Äôs still a long way to go to get the market into better balance. Sellers

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