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The Water Cooler
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<blockquote data-quote="ssgrock3" data-source="post: 3429415" data-attributes="member: 71"><p>Current interest rates are what’s driving the market right now. Your realtor is correct, he has to absolutely be ready to go then if he finds something he likes. There is approximately a 45 day supply of homes available in his price point, so Everyone looking only has a few to select from. Over list contracts is common, something we had not seen in Oklahoma till last few years. The good side is it is pushing more and more folks to brand new homes, and evening then my inventory changes daily, COVID has slowed our build times but not sales at all. Our company mortgage company has a rate incentive of 1.99% and 5k closing costs. It is helping a bunch of folks who can handle the payment but may not have all they need out of pocket. The rate is letting them get a bit more home for the buck! Yukon real estate is very healthy, as is all the metro</p><p></p><p></p><p>Sent from my iPhone using Tapatalk</p></blockquote><p></p>
[QUOTE="ssgrock3, post: 3429415, member: 71"] Current interest rates are what’s driving the market right now. Your realtor is correct, he has to absolutely be ready to go then if he finds something he likes. There is approximately a 45 day supply of homes available in his price point, so Everyone looking only has a few to select from. Over list contracts is common, something we had not seen in Oklahoma till last few years. The good side is it is pushing more and more folks to brand new homes, and evening then my inventory changes daily, COVID has slowed our build times but not sales at all. Our company mortgage company has a rate incentive of 1.99% and 5k closing costs. It is helping a bunch of folks who can handle the payment but may not have all they need out of pocket. The rate is letting them get a bit more home for the buck! Yukon real estate is very healthy, as is all the metro Sent from my iPhone using Tapatalk [/QUOTE]
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