August 2022 Newsletter Introduction

How’s your Summer so far? We’re already half way thru it! The summer has been gone by so quickly with family visits and getting use to a new routine of where I’m trying to juggle between how to take care of toddler and working on my business within the time frame that I have since the hubs is back to work full time!  Anxiety and worry of trying to do fulfilling these roles leaves me a little dejected because I don’t feel like I’m doing a good enough job. Yet, I know this is just all in my head and I’m not compromising my 100% on what I’m committed to do for my family and my clients! A word of encouragement and pep talk from the people you surround with is what you need to get that confidence and support back. I know I need it from time to time. I hope that sharing this little insight can enlighten you while you read this!

As mentioned in my last newsletter – July. As we continue on expecting interest rates to go up again later in September, many buyers are pulling the trigger to buy now since want to capture the purchase power they have remaining before another rate hike hits. As a result, there is a small flurry of activity of buyers looking to buy now. Since the buying power have gotten smaller due to the previous rate increase. So what now? Most buyers would have two choices – either they start to buy now or wait a bit longer to see how the market would do after the rates have been stabilized. This stability may not arrive till mid spring of next year. As for pricing – it will remain relatively the same with a possible small drop.

– Sam