I hope everyone had a great St. Patrick's Day weekend and day.  If you received one of my St. Patty's day scratchers, I hope you win!  If you didn't then let's do some business together, whether it's buying or selling, and/or referring others you know that are considering it (a transaction never even has to happen, you think of me, I thank and think of you).
 

The market is showing signs of warming up.  We've already been tracking the purchase application numbers, but the monthly market numbers are showing signs of movement.  Active listings increased in February with pending sales keeping pace.  The main difference from January when we saw a 25% decrease in closed sales is now only a decrease of 5%, a 20% difference.  This tells me buyers may be finding their footing with mortgage rates maintaining below 6.75% for a nice chunk of time meow.
We do have a major catalyst coming up later today, the FOMC.  Mr. Powell will be giving the Fed's rate decision.  It is widely believed he will hold steady, which should not come as much of a shock, but his words after the decision is what has proven to be the market mover in meetings past.  I'll be watching closely, let's see how things shakeout.
 

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