The weirdness continues: Inflation is plunging but mortgage rates are nearing their
October 2022 highs.
Blame the Fed (hiking rates again) and Fitch (downgrading our sovereign credit rating)
and a job market that (literally) just won’t quit.
Homebuilders, seeing an opportunity to fill a dire need for houses, are exhibiting more
confidence and have accelerated activity in recent months after a sluggish end to 2022
and beginning to 2023.
Seasonally adjusted rates of single-family home construction starts have improved in
five straight months and now sit at their highest level since June 2022. [Jeff Tucker for
Zillow; 8-1-23]
Something for the lighter side:
The children were lined up in the cafeteria of a Catholic elementary school for lunch. At
the head of the table was a large pile of apples.
The nun made a note, and posted on the apple tray:
“Take only ONE. God is watching.”
Moving further along the lunch line, at the other end of the table was a large pile of
chocolate chip cookies.
A child had written a note, “Take all you want. God is watching the apples.”
If you are looking at selling your home or purchasing one, give me a call and let’s see
what is right for you at this time.
Mary Cockburn
505-639-2090
MaryCockburn.Realtor@gmail.com
