Market Update: Real Estate Inventory on the Rise

Heading into July, the biggest news is that inventory is starting to rise. More homes are hitting the market, which is a good trend to see. In this episode, we'll dive into the rising inventory and what that means for buyers and sellers. Bill also provides insights into the current interest rate trends and what buyers can expect in the coming months. As we move further into the summer, we want to make sure you stay informed and proactive about your next home purchase. Whether you're a first-time homebuyer or looking to refinance, understanding the current market dynamics can help you make better decisions.   Here's what we discuss in this episode: 0:00 – Intro 0:50 – Inventory is up 3:19 – The stress of buying in a seller's market 5:08 – How does the lending process change with increased inventory? 7:05 – What are the rates doing currently?   CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151. Check us out on YouTube: https://bit.ly/3KbUxAF