Quick Market Update and Happy Thanksgiving!

The real estate market has slowed as we enter the holiday season. This is completely normal for this time of year and as always, the slower market offers an excellent opportunity for investors and owner occupants alike. I have investor clients who have done incredibly well buying rental properties during the holidays and it's also a great time for owner occupants who happen to be looking to buy right now. As the holidays approach, some sellers become very motivated. Please call me to discuss the opportunities that the current market presents.

For sellers considering going on the market, it's best to wait at this point and list after the New Year since the market will pick up once the holidays are over. The National Association of Realtors (NAR) is forecasting a 14% increase in real estate sales in 2026 and predicting that mortgage rates will decrease to 6% which is a slight drop from where they stand today. With Buyers being more motivated in the first half of the year and lower interest rates, I'm predicting an active market in the first half of 2026.

Lastly, I'd like to take a moment to express my gratitude to you, my clients, for your business, referrals and friendship. I am sincerely thankful for you. Happy Thanksgiving to you and your family! 

All the Best, 

Rich