What's Happening Now! Housing Trends Update: What's Shaping the Market for the Rest of the Year?
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 Published On Aug 10, 2023

What’s happening now! As the school bells start ringing again, attention is shifting to housing trends for the rest of the year.

Here's a quick snapshot of what I am seeing.

1️⃣ Seasonal Shifts: The time of year can greatly influence the market.
2️⃣ Consumer Power: Always crucial in driving market dynamics.
3️⃣ Overall Housing Climate: Home prices are on the rise in various locations.

Some insights:

* Expert consensus? Good news for homeowners as prices are going up in many spots. 📈
* Mortgage rates for the upcoming months? They're dancing with inflation. But if history repeats itself, they might relax as inflation cools off.
* A heads up on inventory: it's tight! But with a projection of 5 million homes getting new owners this year, a dip in rates could spark even more sales!


Stay in the know and let’s navigate this journey together!

Steve Nader
Beach Team Compass
DRE #01982651
beachteam.com

Making the biggest financial decision of your life can be both emotional and unpredictable, it requires certainty and someone who can trust.

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