Keeping a close eye on the labor market is essential when you’re planning your next move in real estate. Recent reports point to slower job growth and a marginal drop in unemployment, largely from fewer people participating in the workforce. What does this mean for those watching mortgage rates? While rates may stay below 7% through 2026, it’s important to note that inflation pressures aren’t going away anytime soon. The Fed is still targeting that 2% inflation mark, navigating ongoing global uncertainty and the evolving impact of artificial intelligence. There’s even talk of a possible rate hike in early 2027.
With 25 years in this market, I’ve seen how these economic shifts ripple through our local housing landscape—affecting everyone from first-time buyers to those ready for something new in their next chapter. My approach always comes back to clear communication and practical strategies, so my clients can make confident decisions no matter what the headlines say.
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