“Economic growth and the acceleration in inflation have moderated in the last month, giving the markets comfort and leading to a stabilization in mortgage rates,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into the fall, home purchase demand is stable, home sales remain firm and above pre-pandemic levels, and inventory of unsold homes is tight but improving modestly. These factors will allow for home price pressures to ease over the remainder of the year.” [emphasis added]
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Fall is just around the corner, so it's time to be thinking about pre-winter home maintenance and getting things done while the weather allows. Have you been considering selling your home and/or purchasing a new house? There's still time to get that done this fall too! I'd love to have an opportunity to talk with you about that. Let's set up a time to meet.
When buying or selling a home, it's important to understand the market and gain helpful insights to help you achieve the best results.