Episode 16 of the Price Report. 

Happy New Year! If real estate goals or ideas are part of the picture, let’s connect and talk through what you have in mind. And if you're painting this year - you've got to check out Samplize (see below).

January is off to a good start, and new notepads are getting ready to head out. Hopefully they find a spot on your desk or fridge and get plenty of use.

As always, this newsletter is filled with useful information, market updates, and a few laughs. Thanks for being here!

MEDIAN CLOSED SALES PRICE

(Residential)

TODAY'S INTEREST RATE: 6.01%

(MND 30 year fixed rate)

Mortgage rates moved in a positive direction last week, dropping to their lowest levels in nearly three years. A surprise announcement involving increased mortgage-backed securities purchases helped push rates down to levels not seen since early 2023. While some volatility remains and rates may fluctuate short-term, overall borrowing costs are meaningfully lower than they were just weeks ago. As the market settles, buyers and sellers alike are keeping a close eye on how the shift could impact affordability and activity moving forward. 

FRESH YEAR, FRESH PAINT

Have you heard of Samplize? It’s peel and stick samples made with real paint, allowing you to see how a color looks on your walls in natural light, at night, and alongside your existing finishes before committing. Much easier to move these around your walls than panting samples all around you space.

Paint colors can completely change how a room feels. From opening a space with lighter tones to adding warmth or updating neutrals, or creating mood with darker colors - paint is one of the highest impact updates you can make without taking on a full renovation.

JOKE(S) OF THE MONTH

How can I help you reach your real estate goals?