Market of the Moment - 3/18/2022

[Alan Walker]

Spring must be on the way because we saw a healthy jump in active homes this week. We are above 200 active homes under 700k in Salt Lake County. Normally that’s not great news but TAKE THE WIN BRUH.

The Fed announced another rate hike and the billboards on I-15 are bouncing just above and below 4%.

Over the last two years, I’ve talked to dozens of people who have been “waiting for the market to cool off”. My question was always, are you waiting for interest rates to go up or for prices to go up? That time has now come.