I hope your April is off to a wonderful start! Between the blooming flowers and the buzz of the spring housing market, there is certainly a lot to talk about this week.
What’s Happening with Rates?
We’ve seen some interesting movement lately. After hitting some of the highest levels we’ve seen so far in 2026, interest rates have actually begun to ease back a bit. This shift is largely driven by “market anticipation.” With signs that geopolitical tensions abroad may be cooling—including news of a recent ceasefire—the “risk premium” that was pushing yields higher has started to fade.
While we saw a slight uptick in the national averages last week, the trend toward the end of this week has been more favorable. We are keeping a close eye on the “4.5% ceiling” for the 10-year Treasury yield; if we stay below that, it’s a very good sign for stability.
The Spring Market is Humming
Despite the recent volatility, the spring homebuying season is officially in full swing. In fact, pending home sales hit a five-year high for March! Buyers are re-engaging in a big way, with listing views up 32% over last year. While inventory is still a bit tight, the modest home price growth we’re seeing is giving buyers a little more negotiating room than they’ve had in years past.
More Than Just Four Walls
I came across a fascinating study from Rocket Mortgage this week that I wanted to share. It found that while 80% of us feel a strong neighborhood improves our quality of life, only about 30% of us actually know our neighbors.
In my years of helping families find homes, I’ve learned that homeownership isn’t just about the interest rate or the square footage—it’s about the community. We’re seeing a real desire for “third spaces” (local spots to connect outside of home and work). If you’re looking to move this year, I encourage you to look past the kitchen cabinets and really explore the local vibe.
Looking Ahead
Next week will be busy, with fresh inflation data and Federal Reserve signals on the horizon. Expect some continued “see-saw” movement in the markets as we digest this news.
Whether you’re looking to buy, sell, or just want to chat about what your home equity looks like right now, I’m always here to help. You’re always welcome to reach out by sending me an email or call/text me at 818.307.6072.
