Spring is officially in the air, and with it comes a fresh wave of real estate activity! Interest rates are holding steady at 6.75%, remaining in the same range as last week. However, mortgage demand has surged by 11% this week—a highly optimistic sign for the market. It’s exciting to see so many new loans being started, a clear indicator that buyers are eager to make their move as the season changes.
Speaking of seasonal changes, the warmer weather is bringing new energy to the housing market and beyond. If you’re a gardening enthusiast, take note—the Farmers’ Almanac advises waiting until April 1st to start your spring planting. Jumping the gun could leave your plants vulnerable to those lingering late-season frosts. Patience will pay off with a thriving garden!
On a personal note, I want to extend a heartfelt thank you to everyone who attended my annual client appreciation party last Saturday night. It was an incredible evening, and I am truly grateful for each and every one of you who have supported me—whether through doing business with me this year or by kindly referring friends and family. Your trust and friendship mean the world to me.
As we move further into spring, I’m looking forward to the continued momentum in the market and all the opportunities this season brings. If you’re considering buying or selling, now is a great time to have a conversation!
Here’s to a season full of growth, opportunity, and success!
QUICK REAL ESTATE STATS
New Listings This Week – 2016
Under Contract This Week – 1092