Taco Tuesday has been around a long time now. Whether you go out or customize your tacos at home, it is definitely a thing. Where do you get your taco fix? Normally, we get ours at home.

There has been a little bit of a swing toward the seller this week. Let’s discuss it.

How have the weekly numbers impacted Total Active Listings? We are down from 11,998 last week to 11,628 this week, but we are up from 2 weeks ago at 11,385. What I read into this is a level of stability occurring here. No dramatic increase, but also no dramatic decline. If history repeats itself from many years in the past, we will see inventory decline as we approach fall and more into winter.

Let’s remember, if the Fed lowers short-term rates, this may not positively impact long-term interest rates. Only time will tell, but lower rates are always a shot in the arm for someone or something. Some are predicting capitulation. “I’m not spending on anything”; in fact, “I’m selling”. It comes along with “Stagflation”. Overall, however, I am observing we are close to or have reached the bottom of this little cycle we are watching right now. Complicated right?

Well, if you create a plan, you will be prepared for whatever happens! If a move is in your future, let’s get together and make a plan, because we all know, “Failure to plan is a plan for failure.”

TheCryerTeam@Kentwood.com

303-773-3399