Good Monday Morning!
Both locally and nationally, there has been very little change in the Real Estate market. Nationally, home sales have been sliding downwards slightly at the same time that home values continue to increase. It is certain that this trend will not continue long term. If demand decreases, home prices will begin to soften. Mortgage interest rates remain fairly constant and are still extremely attractive with most 30 year fixed rates remaining well under 4%.
The remainder of the Summer should not see any huge changes in the national and local housing markets, but pricing is becoming more of an issue as home prices continue to increase faster than wage growth. Look for some big changes coming in the near future.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
Beautifully Remodeled home on a cul-de-sac in the Southwest Hills with views. Custom finishes throughout. Spacious with ample amounts of natural light, 2 main levels, vaulted ceilings, & 2 full kitchens. Also features 2 large master suites, 12x23 bo...