As rates reached over 4.5% last week for the first time in several years, the market continued to stay smoking hot. We expect that if rates continue to rise, we will start to see a material slow down on pricing and perhaps activity, but that has not happened yet. Today’s rates start at 4.625% and
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As 2021 comes to an end, everyone is still feeling the pandemic’s influence on the world. In the real estate market, it was challenging year to buy a home. The key factors in this year’s market were low inventory, low interest rates, high demand and fierce competition. If you were lucky enough to win a competitive offer,
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