Jan 2023
ELRE
real estate newsletter
Rates
Speaking of rates . . .
The rise in interest rates is likely to continue for the next 6-12 months. At that point, economists predict (barring some unforeseen event) that rates are likely to level off. So, while rates hovering near 6-7% may seem high (especially when compared to 2.5% we saw in 2021) increased rates are not having the sobering effect on local housing values many thought they would.
Trends
Local trends for the past few years have been nothing if not steady. Inventory continues to be historically low with many more buyers hunting for the perfect property than there are properties available. The upshot for buyers? Rising interest rates have capped buying power and competition is starting to slow . . . And for sellers? Homes that are appropriately priced are still flying off the market with multiple offers.
How To
ELRE Top 5
Date Night Restaurants
#5 - Char
#4 - Tournedos
#3 - Redd
#2 - The Revelry
#1 - Vern's
Click below for details!
ELRE Top 5
Prep Your Home for a Pup
- Find the best spot for your pup: experts say pups do best when their crate is near the family and you'll want to find a space that's easy to clean (think no carpeting!)
- Check for danger zones: close closets with shoes, keep dirty clothes in hampers, and make sure your garbage can has a lid.
- Hide the cords! Puppies chew. Anything. EVERYTHING.
- Cleaning Supplies: it's going to happen. Nature's Miracle, Resolve, and Lysol will be your best friends.
- Purchase the necessities: leash and collar, cozy bed, crate, food, treats, and LOTS of chew toys!
Local Charity Highlight
Did You Know?
Willow Domestic Violence Center
Willow 's mission is to prevent domestic violence and to provide survivors with much needed services and supports.
Learn More About Willow by clicking below
24 Hour Hotline: 585.222.SAFE (7233)
24 Hour Text Line: 585.348.SAFE (7233)