Check out this cool photo of our historical London Bridge back in London in 1918!
The Havasu market has not seen prices move higher for several weeks and inventory still remains sufficiently low….
Due to many people being locked into low interest rates, a “golden handcuff” effect is in place. This leaves many to feel that they are unable to move without spending a lot more than they are now.
If mortgage rates continue to remain high, our inventory is likely going to continue to remain low and continue to put upward pressure on pricing…
We will stay tuned and let you know – The Federal Reserve is scheduled to set short-term interest rates again on September 20. Markets suggest the Fed will most likely hold interest rates steady, as they just had a 0.25-percentage-point increase at the July meeting.
New Construction SFR Inventory
With inventory low on the resale market, new construction units can be a great opportunity!
