robertmichael

3 ш

Patience Won’t Sell Your House. Pricing Will.

Homes are also taking longer to sell. The typical home spent 60 days on the market in August, seven days longer than last year and now above pre-pandemic norms for the second consecutive month. This was the 17th straight month of year-over-year increases in time on market.

https://www.robertmichael.com/....blog/patience-wont-s

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3 ш

Mortgage Rates Just Saw Their Biggest Drop in a Year

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.

On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year.

https://www.robertmichael.com/....blog/mortgage-rates-