The Fed Interest Rate Move...
... Wasn't A Move At All
Interest rates, once again, remain unchanged
In all honesty, the real estate industry doesn't need it right now
At a time when market activity historically increases
It isn't necessarily important to the real estate industry
The time period right after tax season closes out
combined with the end of the school year
is an annual rewenal of interest for many home buyers and sellers
whether they are upsizing or downsizing their home
some may be getting ready to buy a retirement property
whiles others are seeking an investment property for additional income
regardless of the reason
this is the season where the most people are in the market most years
and with that, there will likely be an increase in new listings
which in turn will lead to a spike in home sales
most of which will close by the month August
According to the National Association of Realtors
More than 80% of Metro Markets nationwide (189 of 228)
saw home values increase in the 1st quarter of 2025
and there is a belief that this will continue over the summer month
today's show is a lively conversation regarding why this is happening