MARKET INSIGHTS

April 2024

Lots of smoke around the NAR Settlement - lots of misinformation has been pervasive in the media:

• What will be the most common way that buyers will buy a home?

• Are there loopholes or ways 

  to still charge 6%?

• Will this lower home prices in any way, or is it less of factor than broader supply/demand price pressures?

February 2024

The interest rate on a 30-year fixed-rate mortgage is 6.375% as of February 1, which is 0.250 percentage points lower than January 31st! Additionally, 15-year fixed-rate mortgage rates have hit 5.25%. What a start to February 2024!

December 2023

2023's Holiday season has arrived and everyone seems to have checked out for the remainder of the year, they are hoping for a better 2024! My favorite news this month?

“Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship”...

March 2024

Recently, I heard so many agents speak about how unique and “never-been-seen-before” the current market is... Amplifying stories with meaningless titles such as “Where do we go from here? Rent and sales prices are at the ultimate high”... Let’s breathe for a second and look at the facts:

January 2024

Goodbye 2023… It has been a pleasure… This year, interest rates have been a central focus in the real estate narrative. Despite a recent slight drop, they remain higher than the levels observed in 2022, and some of the highest in the past 20 years.