07/05/2026
Interest rates averaged 5% last year, now averaging 6% in 2026. The impact of the attack on Iran by our country and the tariffs have greatly affected the Real Estate Market. Buyers are on the fence more than ever. Homes for Sale have more days on the market, more price reductions. Buyers should therefore be taking advantage of this slow down but the majority (across the nation) are not. Real Estate remains a great investment but like life, has it's ups and downs.
