Real Estate Refresh

Most news recaps or blogs you’ll see covering this week will tell you that rates declined for the second week in a row (from the sharp spike we saw a month ago when the war with Iran started) with continued improvement this morning after Iran declared the Strait of Hormuz fully open for commercial purposes, sales are down year-over-year from last March but inventory is up. That’s the surface level recap of this week’s headlines and data.  Of course, I’m here with more. I’m he

Rates are up and down, headlines say the housing market is recovering unevenly (whatever that means) and buyers feel stuck, their agents are even uncertain. No one is really talking about this, but I think we should be. I’ve always thought there is one housing market that we are all dealing with. The interest rates are the same no matter where you live, we all wake up to the same dumpster fire headlines, we all speak the same language and have the same financing options in t

Is it just me or does it seem like the war escalated fairly quickly this week? It’s crazy to say the war, from my very privileged position standing safely in this office. I have clients who are veterans and who I am praying for daily, as they could be activated very soon here – if they haven’t been already. These are crazy times and I’m going to tie down how all of this is impacting housing over the next few minutes.  Fed Week   The Federal Reserve met this week and to no one