THE MARKET.....

At the beginning of March - Right before we started to shut things down due to the Just prior the pandemic - we saw interest rates start to creep down to record low levels, similar to what we've seen in the past.

Once the shut down began - lenders started to increase rates, fast....and high.....

Since then we are seeing interest rates slowly come back to where they were prior. 

People with pre-approval's, will breathe a sigh of relief, as there's not a ton of pressure to complete on a purchase in around mid July where the 120 days would expire.

Overall in the market we are still seeing multiple offers and sales happening at, or above, list price. Keeping home prices stable and not going down. The hardest hit tend to be the multi million properties.

It is expected that the usual Spring market could turn in to a possible Summer market this year. We'll wait and see.