Today in Real Estate:
Market Update
The real estate market has been stuck in the winter doldrums due to a persistent lack of new inventory. Buyer demand is there, but there simply haven't been any new listings to for them to consider. Well-priced listings continue to attract multiple bids, and with the recent break in snow, we’re starting to see early signs of renewed activity. Even our team has held off on our new listings, with our first 2026 listing just launching this week. For buyers who have been patiently waiting: it’s coming.
While buyer interest signals a promising spring market, interest rates and global events have introduced a new variable. Rates hit a multi-year low in late February, but have since ticked up an eighth of a percent amid renewed conflict in the Middle East which have softened expectations of a June cut — putting upward pressure on rates.
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