Monthly Archives: June 2022
May 2022 Market Update – Tom’s Take 277
The #1 question consumers ask “how’s the market?” The median sale price in our market place continues to rise, but we are starting to see some things change! The amount of new listings is outpacing pending sales which is a good news for buyers. Tune into episode 277 of Tom’s Take to find out exactly... Read More
How To Navigate A Shifting Market – Tom’s Take 276
Based on the data and definition, we are in an economic recession. We are feeling inflating everywhere. The Fed has raised the interest rate again. This time, it was the highest rate increase in decades. Rates are intending to keep going up, resulting in buyer affordability going down. Tune into episode 276 of Tom’s Take... Read More
Mortgage Applications Are Down – Tom’s Take 274
Mortgage applications to purchase are down according to Housing Wire, which may be surprising due to the high amount of demand and inventory challenges. But, this is not something to be overly concerned about right now. Tune into episode 274 of Tom’s Take to find out why and what this means for the housing market... Read More