EOTW: 12% Jump

Hi [First Name],
‍

CNBC recently reported a 12% jump in mortgage applications.

At first glance, 12% might not seem like much—but compared to the same time last year, that’s an increase of over 52%.

So, what does this mean for you?

Two key takeaways:

1. Buyers have become more accepting of interest rates in the 6-7% range but remain highly sensitive to even small rate drops.
   
   
2. This shift could be good news for would-be sellers. It suggests the pool of buyers—especially those keeping an eye on interest rates—may be growing, making it a great time to consider listing your home.
   
   

This surge could translate to more offers, faster sales, and potentially higher prices for sellers who position their homes strategically.

As always, I’m here to help you make sense of the market and how it affects your plans.

P.S. Has anyone sent you your 2024 home value report yet? If not, reply to this email, and I’ll create a professional, accurate report for you today. (It’s much more reliable than online tools!)