A mortgage interest rate below today’s market rate. (Source: Goldman Sachs)

Now that might lead you to the conclusion that nobody is selling their home. After all, new data from Black Knight found that record few homeowners are delinquent on their mortgages. And all the recent headlines focus on “low inventory.”

But at least in our market, there are still plenty of homes selling each month.

There’s no question that we have a shortage of homes to meet buyer demand but that’s not necessarily a bad thing. We are finally seeing the signs of a stable real estate market, and that’s something worth celebrating.

P.S. If you’re considering selling before the spring rush is over, just reply to this blog post and I’ll set up a time to chat ASAP.