Black Hole Of Real Estate Podcast

Some Surpising Real Estate Sales Data... Episode 287

Some Surpising Real Estate Sales Data... ...The National Association Of Realtors (NAR) Has reported that home sales increased by 2.2% when comparing the 1st quarter of 2026 to 2025 a lot of people were suprised when the data came out and it comes with the caveat that sales in March 2026 are down more than 3% when compared to March sales in 2025 here is what may have caused these results 1Q 2025 New President takes office The Fed stops lowering rates which hover around 6.75% a lot of change an uncertainty in financial markets 1Q 2026 Interest rates are in the 6% range in January Partial Government Shutdown In February Iran War Begins in March Interest rates spike to 6.5% To be sure, there are other factors but most people would agree that these are solid reasons for consumers to pause home buying/selling what is most interesting within the data is that there is a real opportunity in the 2Q 2026 for an increase in market activity and we could be looking at a super busy summer today's show lays out the scenario and breaks down why there is a growing optimism despite a crazy start to 2026

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