Exciting times in the real estate world! Homebuyers are making a comeback as interest rates take a dip. Mortgage applications surged by 9.9%, with a 6% increase in purchase applications, thanks to the year-end drop in rates and a slight rise in inventory. Bidding wars are already heating up, especially in suburbs with cozy backyards and more office space. Redfin reports a 3% rise in mortgage-purchase applications and a 5% increase in tour requests. However, the competition might erode newfound affordability, with 24% of homes selling above list price. Read the full article here and get ready to ride the wave of real estate opportunities!
Warm Hearts, Warm Homes: Ways to Support Families in Need During Winter
