Monday Morning Coffee December 4 2023
Congratulations to Nancy Pane of Leland, NC, for winning last week's Christmas Trivia drawing!
As we enter into the last month of the year, we are seeing some moderate changes in mortgage rates, as the FHA & VA rates are in the 6s again for the first time in a while. Also, we are seeing an unusual increase in homes coming to market this time of the year compared to regular holiday season percentage changes. Usually, fewer properties come to market, but it looks like more sellers are getting wise that it's sometimes better to come to market before the rest of the crowd does in the New Year and Spring. Fewer buyers are looking in the holidays, but usually, the ones that are are more serious, as they have a "need" to move versus just a "want" to move.
CLICK HERE to download the PDF of my presentation
CLICK HERE to download the customizable Market Review I did for Wilmington. We can do one of these for your specific neighborhood at no charge and with no obligation, as we are just wanting to serve you for as long as it takes to earn the opportunity to be considered when the time is right for you.