TXChandler

Buyer demand is picking up, but prices and the job market are keeping things grounded. That’s why mortgage rates stayed in check even with Fed uncertainty. This week showed a housing market that’s waking up just as affordability finally starts to improve going into 2026.

The Fed cut rates this week, but not a green light for mortgage rates. Vote was split. Powell cited growing uncertainty in the employment data. The bond market wasn’t convinced, with long-term yields moving higher as inflation concerns persist. Bottom line: waiting for lower rates is risky. If buyers are ready and have found the right home, this market favors ex*****on over speculation.

Leigh and I were open house touring last weekend. Besides the enthusiasm and knowledge of the home, this agent was over the top and passionate about her signage and craft. Hard to see, but there are another 25 signs flanking the sidewalk.