Good morning, and thank you for taking a few minutes to connect with me. I truly appreciate your time and your trust.

I want to share this week’s market update with you in a simple, clear way—just like we’re sitting together face to face.

Right now, there’s still uncertainty in the world with the U.S.–Iran situation, but interestingly, the financial markets are acting much calmer. The stock market, including the S&P 500, has already moved back above pre-war levels. At the same time, mortgage rates, which jumped in March, are slowly coming back down and are now trending again toward the low 6% range.

To give you some context, rates were around 5.99% at the end of February, right before the conflict began. In March, they moved up quickly—and that had a direct impact on real estate activity.

We saw that in the numbers:
Existing home sales dropped about 3.6% in March, falling just under 4 million annual pace. That’s a bit disappointing for this time of year, because normally spring is when the market starts to heat up. At the same time, home prices actually increased to around $409,000, showing that demand is still there—just more sensitive to interest rates.

From what I’m seeing, and what agents are reporting through the National Association of Realtors, the market is active—but not as aggressive as last year.

Homes are selling, but a bit slower. The average days on market is about 41 days, which is slightly longer than last year. Fewer homes are selling above asking price, and buyers are being a little more careful. For example, fewer buyers are waiving inspections, and the number of offers per home is slightly lower than we saw in 2025.

So what does that mean in real life?

It means we are in a more balanced spring market. Not slow—but more realistic. Buyers have a bit more breathing room, and sellers need to be priced correctly and prepared.

On the economic side, there are some mixed signals. Inflation at the wholesale level came in better than expected, which is good news. Job growth has also picked up slightly, according to ADP and Bureau of Labor Statistics, although it’s still a bit unclear how strong that trend really is.

As for interest rates, the Federal Reserve is expected to hold steady for now. In fact, the market is currently pricing in a strong احتمال that rates may stay where they are for most of 2026, with little to no rate cuts expected this year.

So overall, here’s the simple takeaway:

The market reacted quickly to rising rates in March, slowed down a bit—but now it’s stabilizing again as rates improve. We are moving forward, just at a more normal and healthy pace.

If you’re thinking about buying, selling, or even just curious about your options, this kind of market creates opportunities—but timing and strategy really matter.

Thank you again for your time. I always enjoy sharing these updates with you.

I invite you to visit my website for more insights, and feel free to reach out anytime. I’m always here to help you navigate any real estate situation with clarity and confidence.