Monthly Spotlight - January 2023

Happy New Year and I hope 2023 is off to a good start for you! A review of 2022 shows a tale of two markets, as talks of rising interest rates and inflation stole the headlines for much of the year. We began 2022 with 30-year mortgage rates just above 3%. Rates peaked around 7% in early November and ended the year at 6.5%. There's optimism that rates will return to the mid-5%'s later this year. Markets go up, and markets make adjustments. But in the midst of an ever-changing real estate landscape, this quote from Ray Brown often holds true: "The best time to buy a house is five years ago!" There are opportunities to look forward to in 2023, and I'm here as a resource to help guide you or someone you know. Take a look at our year-end local market summaries his month, as well as this month's articles about goal setting, packing fragile dishes for a move, and maintaining your home's value. Please call or email me with questions any time!
Patterson-Schwartz Real Estate Plaque - Market Update

Market Update
A Local Perspective

The housing activity for 2022 compared 2021

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4 Tips for Setting and Reaching Your Goals

Fortify your goals and face the new year head on

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How to Pack Dishes for Your Upcoming Move

Strategies for transporting fragile items with extra care

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How to Retain Your Home's Value

A house can depreciate, or lose value, for a variety of reasons. Here are some things to consider.

As our local housing market continues to change, it's more important than ever to have an experienced agent who has worked through all different types of market conditions. For questions, ideas to plan and prepare, or additional information, please feel free to call me at (302)743-4220 any time!