OPEC+ members announced they will make another production cut. This will have an effect on inflation as oil prices rise.
Black Knight reported that home prices rose 0.2% in February. With low inventory that is expected. Typically we see a 17% increase in inventory as we move into spring, but we only saw 12% this year. – Realtor.Com.
We continue to see incremental improvements to rates and far more buyer and seller activity. The Dam is going to break at some point with all the pent up demand waiting on the sidelines.
Have a fantastic week.