Affordability 

Homes that are for sale are spending more time on the market, and listing price growth has decelerated. For buyers, decelerating and potentially declining listing prices could be a welcome reprieve, with current slightly higher interest rates. 

Mortgage rates

The average 30-year fixed-mortgage rate, as of the beginning of May, stands at 6.35 percent, while inflation continues to be a problem. The National Association of Realtors' latest existing-home sales report shows a 2.4% drop in sales of previously owned homes from last month.

Investment Opportunities

We are seeing trends of increase in distressed properties in the markets we monitor, and so this maybe the perfect time to jump into that new venture you've been dreaming about....the next fixer-upper challenge.

What are you dreaming about, a new home, a new investment project? Whatever it is, I am committed to helping you navigate these changes and find the best solutions for your real estate needs.

Let's do This Together!

Cindy