Published November 29, 2022
Your Latest Update on Our Housing Market
The latest news about the real estate market as we head for the holidays.
It’s time for another great weekly update! As we approach the end of the year, we can see that it has been quite a ride in real estate. We thought 2020 was the end of it, but 2022 turned out to be just as crazy. We've seen a lot of ups and downs, and interest rates rose four points—from around 3% to about 7%—but now the sun is suddenly coming out. Interest rates went back down, and the market is picking up, so who knows what else will happen?
It’s vital to stay current on what's happening in your local market. Real estate is hyper-local; it's not a national thing. You need to look at what's going on in your little area, no matter what county you’re in.
Our market is changing by the minute. If you want information about your specific house in your specific community, call or send us an email. We would love to hear from you and hope you have a wonderful holiday season.
