TheroRealty
04/27/2026
š” Housing Market Snapshot
Weāre still seeing resistance in the market, but there are early signs of movement:
⢠Pending Home Sales rose 1.5% in March (after +2.5% in Feb)
⢠That typically translates into closed sales within 6ā8 weeks
⢠Still trailing last yearās paceāso momentum is improving, not booming
š Mortgage Activity
Lower rates gave buyers a reason to step back in:
⢠Applications up 7.9% overall
⢠Purchase apps up 10.1%
⢠Refi activity up 5.8%
That saidārates have only pulled back about halfway from recent highs, and upward pressure may return this week.
š What to Watch This Week
⢠Fed meeting
⢠Q1 GDP
⢠Inflation data (PCE)
⢠Employment Cost Index
All of these will influence where rates head next.
Bottom line:
Weāre seeing small but meaningful signs of life in the housing marketābut volatility isnāt going anywhere just yet. Strategy matters more than ever.
If youāre thinking about buying, selling, or leveraging your equityātiming and positioning are everything right now.
03/28/2026
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