New listings continue to increase. So do price reductions, as multiple offers and pending sales slow a bit. We had three offers on a new listing last weekend. Still multiple offers, but at a lower level.
After a strong jump up in showing activity last week, showings fell this week… could it have to do with increasing spring and end-of-the-school-year activity?
Are you trying to figure out how changing mortgage rates impact your cash flow? See the infographic below from Keeping Current Matters to see how rate changes generally affect your monthly payment.
Sharlene Hensrud, RE/MAX Results – shensrud@homesmsp.com
