Welcome to February!  Volatility is here.  Every day it feels like I'm holding my breath to see what is going to be said or what might happen.  I mean, Luka Doncic to the Lakers is pretty wild and caught literally everyone by surprise.  The financial markets have already seen multiple wild swings, and yet housing from my point of view seems oddly calm.  I'm seeing homes coming back on the market, new ones and old ones from last year that weren't able to sell.  This is good for supply.  I'm seeing buyer activity pick up, but also being non-committal, unserious might be a good word.  This is from both my own first hand experience and also other agent views.  My current listing is on its third buyer.  My GUIDE office recently had a mastermind meeting to kick off the year and most agents are saying and seeing things the same...once again, odd, but also...calm.  The calm before the storm perhaps?  I am watching the 10yr yield closely.  I would really love for it to continue it's breakdown.  Let's see what happens.  As usual, we have all the economic job reports coming out this week.  These reports can have a big impact in either direction, so I'll be watching closely.
If you're looking to do something with real estate in 2025, start preparing now.  
 

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