Busy Now but 6 weeks from Now??

Rate holds are keeping Buyers happy while they search for a new home but they're due to expire in the coming weeks.  There will be a push from Buyers to buy & complete in the next 6 weeks or so but what comes next??

Some Sellers have already experienced some surprises when instead of multiple offers, they have received just 1.  If they'd already bought, like most Sellers today, that means they'd be forced to work with that offer.

Buyers who are more conservative or risk averse are beginning to take a wait & see approach between increasing interest rates & world events that do have an impact on us all in some way.

I'm expecting changes ahead but how long they take to show up we don't know.  Prices always go up a lot faster than they come down.


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