"Married to Real Estate?"

by "Eyes2themoon"

"Putting a ring on it." may be the most secure way to "lock it down."

The anticipation of "Monday night football" is on hold as we gear up for this upcoming Monday.

Following the impact of Caleb Williams and the "Chicago Bears." It shows Bears fans, when tackling the "Titan" of home ownership, it takes a special team by your side.

Todays current market conditions are stabilizing as the "hurricane of home buyers" wait for the announcement of rate cuts. Mortgage rates are still under 6.5% on a 30-year fixed mortgage, which has not been enough motivation to ignite the market.

Haason Reddick's approach to "not being paid" seems to go beyond the NFL.

The unemployment rate of 4.2% is up from last years 3.8% signaling a rising unemployment rate. Many predict this will only increase as inflation concerns continue to be the topic of discussion.

U.S. unemployment rate

The $418 million in damages NAR agreed to pay in their out-of-court settlement, will likely see real estate commissions drop to under 4%. A more dramatic drop to under 3% is still possible.

We believe the realtor buyer side will be more affected by the new rule change. Sellers are no longer responsible for paying both agents, which will lead to more intense negotiations.

When making a commitment to such a large investment, locking in low interest rates and decreasing agent commissions, feels like a win win.

Walking down the alter of home ownership is a game of "love and hate" that anyone can play.

If an opportunity comes knocking at your door. "Put a ring on it."

Rod