Mortgage Applications Down 2.5% vs. Previous Week
Good Monday Morning!
The combination of rising home prices and slightly higher mortgage interest rates is beginning to have an impact on the housing market. It is clear that we are now seeing fewer buyers entering the market due to home affordability. This may be the beginning of an end to the heated homes sales market that we have been in for several years. A slow down in buyer numbers is usually the first indication of a shifting market.
Have an awesome week!
THIS WEEK'S HOT HOME LISTING
6997 Glacier Drive
Price: $375,000 Beds: 4 Baths: 2.5 Sq.Ft.: 2,406
Completely remodeled! Fresh interior and exterior paint. All new: carpet, vinyl wood floors, LED lighting with Decora switches, heat pump, furnace, hot water heater. Large lower level bonus space (not included in SF) with lots of potential; it could make a great mother-in-law suite. Private master suite...View this property>>
