Derry's Condo Headshot

Derry's Condo Headshot

Thursday, August 11, 2022

Back In Session-School and the Housing Market

I get so frustrated listening, reading, or watching the news. Just like the threat of a recession, we've had threats that the Fed's rate hikes will result in higher mortgage rates and a huge turn in the housing market. Wrong. 

Not only are mortgage rates down from their mid June high, we are adding inventory at a slower rate. Translation, housing market will be back in session along with school. 



This combination ought to light a fire under buyers again and push the market to persist as opposed to come to a screeching halt. Pricing is still very important for making sure that you connect with the market. 

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