Let's dive into the numbers and see what's happening in the market. 📈
Interest Rates: Going from 5.1% to over 6%! 🔨
Builder Confidence: Dropping from 77% a year ago to 45% today.
🏠 Existing Home Sales: Decreased by over 20% in the past year.
Overall, the market shows some mixed trends. Interest rates have climbed, and builder confidence has declined.
Yet, lower inventory can benefit sellers. If you have any real estate-related questions, please contact me📩
email :[email protected]