The REAL effect of interest rates on the market People think of the effect of interest rates on purchasing power, and thus demand and pricing, and that is true and important but it doesn't lay out the full picture. Every 1% decline in rates brings 5 million more prospective buyers into play (and [...]
July Market Update & Newsletter As we enter the Dog Days of Summer, how will the real estate market respond? Many are predicting that we will experience a typical seasonal slowdown. However, buyer demand is expected to continue, and sales are projected to stay on course. It remains uncertain whether more sellers will put their homes [...]