10/16/2026
Market update! Interest rates rising really put a dent in our market. Homes sold reduced 10% this month than last. Yes some of that is due to season slowdown but I also have clients that have put the hard breaks on looking because rates are too high for them.
Here is what you can do as a buyer, instead of asking for a price reduction, you can ask the seller to pay a % towards your closing costs which you can then use to reduce your interest rate. You will get farther with them paying 10,000 then just taking 10,000 off the price as far as your payment goes.
Sellers, if you are struggling start offering buyers rate buydowns!
Veterans, if you are wanting to sell soon and you have a VA loan, please reach out because I have buyers that are looking to assume your mortgage!