New Beginnings
It has been an exceptionally busy month on the personal and professional fronts. As with every June, you find me musing on new beginnings. The most exciting news is that my daughter graduated high school and is moving into her first apartment as a college student. It’s a reminder how much homes are not just a payment or a place to live-they represent new beginnings and a vision for your future.
It has been an exceptionally busy month on the personal and professional fronts. As with every June, you find me musing on new beginnings. The most exciting news is that my daughter graduated high school and is moving into her first apartment as a college student. It’s a reminder how much homes are not just a payment or a place to live-they represent new beginnings and a vision for your future.
It has been an exceptionally busy month on the personal and professional fronts. As with every June, you find me musing on new beginnings. The most exciting news is that my daughter graduated high school and is moving into her first apartment as a college student. It’s a reminder how much homes are not just a payment or a place to live-they represent new beginnings and a vision for your future.
General Economic News
In election years, the economic news gets jumbled and as it’s weaponized, it tends to become noise. Interest rates aren’t forecasted to decline until 2025 and the economy is sitting somewhat uncomfortably with high interest rates and inflation still impacting consumers. The increases to the federal funds rate by the Federal Reserve put the housing economy in a slower phase, slowing appreciation in housing prices while maintaining a competitive market. There is a lot of pent-up demand in the market, so the minute rates take a meaningful decline, it’s going to revert back to the mean-low inventory and highly competitive with rapid appreciation.
