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Posts Tagged ‘Newsletter’

February 2023 Residential Housing Market Update

The housing market is a roller coaster right now all thanks to mortgage rates! The Fed's had their meeting on February 1st and the market responded favorably after the Fed's Fund rate increased by only a quarter percent, as expected. ...

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Residential Housing Market Update – January 2023

Mortgage interest Rates are currently on a downward trend, so what could this mean for 2023? We saw one of the hottest real estate markets in 2020 and 2021 where sellers had all the power, and in 2022 that power quickly shifted to buyers. Home...

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The housing market by definition is in a recession.  We have seen pressure on home values month over month, new listings declining beyond seasonal trends, job losses across the mortgage industry, and the volume of transactions shrinking. ...

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