Market of the Moment - 3/25/2022

[Alan Walker]

The market continues to ebb and flow around the 200 active listing mark. This week we are down to the low 180’s. I listed three homes this week, and the demand is as high as ever. Interest rates are very volatile at the moment, and a lot of folks are theorizing that the Fed will be less aggressive than previously planned in terms of increasing the rate. Depending on credit and income, buyers are mostly above 4% with some reaching as “high” as 4.5%. The thing about interest rates is putting it in perspective. If you’ve lost 110 pounds and then gained back 10, are you really that bad off? And by lost, I mean liposuction, I mean, who diets anymore, ammiright?