The Principal Team

Buyers we talk to want to time the market so they jump in when they can get the perfect interest rate and home prices aren’t higher than they are now. More on this in our weekly Market Update

Numbers are available for last month and the market is definitely heating up. See how things are changing in this week’s market update.

Everyone has been asking about “that settlement,” so we think covering it in this week’s market update is essential. They’re asking about the proposed settlement between the National Association of Realtors (NAR) and home sellers. Once the court approves the settlement – likely in June or July – the way homes are bought and sold throughout the country will change. Let’s dive into that in this week’s Market Update.

Mortgage rates hit a nearly 3-month low. That’s good news for buyers and sellers, but what’s in store for 2024?

Yesterday, the national average interest rate for a 30-year fixed mortgage hit 8% for the first time since 2000. Find out how this is having an effect on our market.