Published May 19, 2022
What’s Going on in Our Market?
Here’s a quick snapshot of what’s going on in today’s market.
Much like the weather has cycled between sunny and rainy lately, the real estate market has been going through ups and downs. Today I want to quickly cover what's going on in the current market.
Interest rates have been rising locally, but that hasn’t put too many buyers off. People are still purchasing homes; the higher-end market may have slowed down some, but overall, there’s still a tremendous demand, especially for affordable housing.
We also have tons of businesses coming to the area. Almost all the commercial properties up and down I-5 are pending, under contract, sold, or are being built. That means we can expect to see job growth, which will generate more demand for housing.
“ Interest rates have been rising locally, but that hasn’t put too many buyers off.”
As a secondary note, we’d like to invite you to another terrific client party we’re throwing—one that we’ve all been waiting 27 years for. On May 27 at 8 p.m., we’re taking our North Fork family to the premiere of Top Gun 2 at Midway Cinema in Centralia, Washington. It’s going to be a blowout of an event, and we hope to see you there! You can RSVP to have us save you a seat by clicking here.
If you have any questions about what’s happening in the market and how it affects you or want to know more about our upcoming client event, give us a call or send us an email. We’d love to hear from you. See you on May 27!
