When I moved over to The Kentwood Company 25 years ago, I already knew Ed, but not on a conversational level. Recently Ed passed. It was very sad, and it was unexpected. Ed was just a few years my senior, and these events always strike home a little harder. My first office at Kentwood was across the hall from the “Mailroom”. One day, Ed was going through his mail, and as he turned to walk out, he stopped at my office door, and we began a conversation about the market, business and family. As we wrapped it up, he said, “Nothing can turn on a dime than faster this business.”

Those words have been with me ever since, and of all the words spoken day in and day out, these words always ring true. Rates could drop tomorrow, and this would change things dramatically. That house I’ve been trying to list for the last 2 years; the seller calls and says, “Let’s get going!” Or, the buyer we’ve taken out 10 times finally decides to move forward. And, just like that, we’ve turned on a dime. Ed was a good man, he will be missed by many. I wish he was still here for just one more conversation.

Let’s see what our market has been like for the last 7 days.

So, let’s take a look at the Total Number of Active Listings.

Up another 150 Active Listings this week to 7,653. The supply appears to be flattening, so maybe we will get out of this supply trend of more and more each week. With just a few more contracts and a few more closings, we would see supply decrease. Let’s hope for more flattening.

As always, we are here to assist with all your real estate needs and wants. You can always reach us at TheCryerTeam@Kentwood.com

Let’s raise a hand and offer a toast to all those friends and family we’ve lost along the way…tc