Navigating the 2023 Housing Market: Insights from Matt Padgett at Keystone Mortgage

This is Matt with Keystone Mortgage. I wanted to give a quick market update now that it’s 2023 and some things have changed in the market over the last few weeks. After a relatively slow last couple of months of 2022, when rates were higher and people weren’t sure what’s going to go on with the economy or with interest rates, things slowed down a touch. However, what we’ve noticed since the start of the year, more buyers are coming back into the market. More people are saying, ‘Hey, I want to buy before spring.’ Interest rates are quite a bit off their highs that we experienced in the late fall, so payments are lower than they were. We’re finding that more people are starting to look to list their house, which means there’s going to be more inventory available for the buyers out there. We would love to help you, please give us a call to get pre-qualified. You can reach us at (865)-909-0211.

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Knoxville TN Office
1508 Coleman Road
Knoxville, Tennessee 37909
Sarasota FL Office
1400 Peregrine Point Drive
Sarasota FL 34231
Phone: 865-909-0211
Fax: 865-909-0178
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