Weekly recap
This week's recap! Rates had a pretty decent week, bounced up a little today. Let's focus on the real estate side of the market. Post Covid we saw about 5,000 sales per month. People are saying no one is buying homes, which is factually incorrect. In September there was a 10% increase with nearly 6,000 homes closing. Rates are slowly coming down, and for the first time we are seeing the number of transactions increase. It's just one month, but this may just be the start of that shift with rates improving. Feel free to leave a comment or a question.
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Matthew Coates
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Weekly recap
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