In a surprising move, the Federal Reserve has lowered interest rates by 0.50%, a decision that has sent ripples through various sectors of the economy, particularly the real estate market. While many analysts anticipated a smaller reduction, this larger-than-expected cut raises questions about its i

🏡📊 Hey Bellevue sellers! Jeremy Harper, your trusted REALTOR®, here with some exciting market trends data for August 2023. Let's dive in and get you up to speed! 📈💼 📅 The current Months Supply of Inventory stands at 1.22, which means we have a high demand for homes in Bellevue right now. 🏡✨ I

The Federal Reserve met again on July 26th and made the decision to raise interest rates another quarter percent. This decision has significant implications for the real estate industry, particularly for those looking to purchase a home or refinance their current mortgage. In this blog post, we'll d

March 2023 Market UpdateThe real estate market is constantly changing, and it's important to stay up-to-date with the latest trends and statistics. In this March 2023 market update, we'll dive into some of the most important factors affecting the market right now.Market UpdateAccording to recent dat

In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarter-percentage point to 4.50% - 4.75%, its 8th rate hike since March of last year, when the interest rate was nearly zero. Mortgage interest rates have dipped slightly from their pe

The Omaha real estate market is currently experiencing a shift that benefits both buyers and sellers. With the decrease in new listings and pending sales, the market is becoming more competitive, leading to an increase in the average closed price. As a buyer, it is important to be aware of these cha