Change is upon us as we head into what is almost certainly a reversal of rate increases as the FED sees data emerging that indicates a slowing down of the US economy. When Starbucks and McDonald’s report lower sales – knowing 70% of the US economy is consumer spending – the writing is on the wall.

When rates come down – not to 2% – the following people will enter the markets:

1. Renters in ‘wait and see’ mode.

2. Those who paused because they were addicted to their low rate.

3. New buyers are waiting for rates to come down.

Yes, the election will be a distraction, but it has never really affected the housing market one way or another truly….

These are the fastest 15 growing cities in the US: (Business Insider)

1. Celina, Texas

2. Fulshear, Texas

3. Princeton, Texas

4. Anna, Texas

5. Lathrop, California

6. Centerton, Arkansas

7. Haines, Florida

8. Georgetown, Texas

9. Prosper, Texas

10. Forney, Texas

11. Kyle, Texas

12. Lebanon, Tennessee

13. Fort Mill, South Carolina

14. Leesburg, Florida

15. Athens, Ohio

Enjoy the last few weeks of Summer!