How have home prices and interest rates changed recently?
We’re entering the spring market, interest rates are starting to creep up, and the events in Ukraine have stirred up some uncertainty. What’s happening in our market? Today I want to talk about all of that and more.
You can watch the full report above or skip to each section using the timestamps provided:
0:00 — Introducing today’s topic
0:38 — Homes are still appreciating, and that probably won’t let up
1:50 — This market is still very strong, so it’s a good time to buy
2:50 — How did our area compare to other markets nationally last year?
3:23 — Rents are still appreciating faster than home values
3:56 — How our market compares to others over the last five years
5:15 — How our interest rates have changed recently
6:18 — Our rates are still favorable historically
7:14 — Wrapping up
If you want to sell, now might be a great opportunity, and if you want to buy, don’t let home prices scare you off. There’s plenty of appreciation still to be had. If you have any questions or are looking to get into the market, feel free to call or email me. I would love to help.
