This is a January 2023 Market Update. If you like this kind of information, be sure to like, share, and follow as I will be sharing more informative videos about the real estate market, as well as home selling and home buying tips! Now I want to start off with the reality of 2022, and that is that the 30-year fixed rate in this country doubled over the last year. We started out at around 3.2% back in January a year ago, and we ended up right at around 6.4% as we wrapped up the... [read more]

Are you thinking about buying or selling a home soon? If so, you will want to see what the housing market is most likely to do this year. The market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand in 2022. It has slowed the pace of home sales, and moderated home prices. But what is going to happen in the months of 2023? An article from HousingWire offers this perspective: “The red-hot housing... [read more]