Welcome to a special 5th week of September newsletter.  Reply directly to this email regarding the question I posed below about the Market Profile and you'll be entered to win a $25 gift card to BJ's Brewhouse.

Why are home prices high and staying elevated?

Because this is a four decade chart showing the mean number of inventory data around 2-2.5 million homes.  We are barely above 1 million currently.  It is simple supply/demand economics.  The 30yr mortgage rate is the greatest gift to the American homeowner.  Homeowners do not sell to take advantage of their equity without having another home to upsize or downsize into that makes sense.  AND, their continues to be enough demand for the limited homes that are available.  Unaffordable for some, but not for all is the story.

What are you seeing or hearing? I'd love to know paul@guiderealestate.com

Fifth Week Special!

Anyone who shares this newsletter with a friend or family member will be entered to win a $25 gift card to BJ's Brewhouse.  Answer the question above too and receive a double entry.

Simply hit the forward button below, fill out some info, and boom, entered. Or, reply directly to this email with  an email and boom, entered.

I will notify a winner over the weekend!

What are you seeing or hearing? I'd love to know paul@guiderealestate.com