Our Thoughts on Why the Market's Shifting
Sense of Normalcy
Buyer's attention has been taken away from shopping now that a sense of normalcy has returned with kids back in school and employees in the workplace.
Mortgage Interest Rate Shift
For the last couple years Mortgage Interest Rates have been at an all time low. They are beginning to bubble up with inflation at bay.
Seasonal Slowdown
Fall is traditionally a time when activity slows down. Since 2020 did not experience a slowdown period during this time last year, the market change appears amplified.
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