We are so concerned about what might happen that we are missing the happenings right now. We are wondering if the US will buy or take Greenland. We are wondering if there will be US troops in Central America soon. We are wondering about US relations with our very best and long time allies, etc. We are wondering when inflation will ease. We are wondering if there will soon be a stock market adjustment. And we are sure wondering WHEN WILL MORTGAGE RATES COME DOWN?!
We are missing what is happening right now. It’s still a low supply Real Estate environment. If a property is good(enough) and priced in order to generate multiple bids; it receives multiple bids. And prices are holding, even inching up, as the basic rule of economics still controls. If demand outpaces supply, prices increase. In our target markets we have experienced an average price increase of 40% since 2020. And it has yet to flatten out. Supply has yet to open up. What’s happening now is that lenders have gotten creative in order to get buyers financed. The majority of our purchasers have good to great income and good to great credit, all that they need is loan creativity. We had an exceptional 2025, and 2026 is off to the same start. I can’t WAIT until mortgage rates drop. Wait, actually it appears as though I can:~)
