Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And...
Wednesday Market Update - Eastside Residential Market Stats as of 9/21/22: RECAP: Active listings and Pending sales remain fairly steady this week. The big news over the last week is interests rates. The 30 year fixed rate is at an average of 6.47% today. With a historical perspective, this is not particularly high, but it is a rate the market has not seen since 2008. It becomes...
Compare listings
Compare