News to keep an eye out for this week. The FED is meeting and making an announcement on Wednesday (2:00 pm) on their rate. Most everyone is expecting a ¼ point reduction. Those of us in housing are hoping that translates to lower mortgage rates.
As for the activity this week. There were no major changes in inventory and contracts. We are seeing limited new listings and buyers slowly but surely purchasing.
How about you? Have any questions on how to navigate this market?