The market is shifting.

The market is shifting.

Rising mortgage rates have slowed down the housing market. The 2020/2021 market was NOT going to last forever.

No, the market isn't crashing, but it's beginning to experience a hangover as it comes down from an unsustainable high.

In 2020/2021 the real estate market accelerated due to historically low rates to help the economy recover from the covid-19 recession.

So what does a real estate market look like in a market that isn't powered by low interest rates?

It looks like a healthy market.

A healthy real estate market does NOT include multiple offers, a healthy market DOES include price reductions and homes listed for a couple months.

Instead of focusing on the fear of leaving a hyper seller’s market, lets get excited about shifting back to a more normal market