09/13/2026
Sunday Market Update
Mortgage rates moved slightly higher this week, while the numbers continue to tell two different stories across Philadelphia and North Jersey.
Philadelphia buyers are seeing more inventory and potentially more negotiating room, even as home prices remain higher than last year.
In Essex County, the market remains competitive. 72.1% of homes sold above asking price, with homes moving faster than they did a year ago.
Meanwhile, inflation, the job market and Treasury yields continue to influence borrowing costs, making the upcoming Fed meeting worth watching.
Whether you’re buying, selling, investing or house hacking, don’t make decisions based on headlines alone. Run the numbers for the specific property and your situation.
📩 DM me if you want to break down a deal or talk about your local market.
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