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Are we still in a seller’s market?
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As we head into spring, history tells us that inventory will start to pick up again. But are we still in a seller’s market?
Today is our market update for April and we’re focused in on interest rates, home prices, and inventory. We’ll share some data that shows the latest trends in values across the country and give you another visual to capture the increase in inventory that we typically see following slower months in the winter. And we also have another chart that will show you how mortgage rates typically move with inflation, which could signify the potential for some good news in the near future.
Here’s some of what we discuss in this episode:
0:00 – Intro
0:44 – State of the housing market
1:26 – Increase in home values
3:43 – Mortgage rates follow inflation
7:05 – Average days on market
CONTACT:
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