It's weird because the market is actually coming back a little bit. Is it back completely?

Probably not, but there's definitely a wave of new buyers coming. I just did a couple open houses over the last couple weekends and it's been crazy, hectic, busy. I had 17 people come through. One of my, one of my open houses on a Sunday, which is typically slower than a Saturday, so it's just been crazy and everything I'm seeing is actually going into contract.

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I'm fighting to get contracts accepted. So what does that mean? I think what it is, one to seven and a half percent, and now it's down to six and a. That's okay. And really, here's the thing here in California, especially in the Silicon Valley, you're gonna find houses, find loans that are really about five and a half depending.

And yes, you're gonna have to pay a point or so, whatever, but there's other things that we can do to make sure that it's comfortable for you. So renters, if you're looking at buy, thinking about getting into the market, you may have already missed the spot. I think it's gonna slow down again. The Feds are going to testify again and they're gonna increase the rates again, which means your rates are gonna increase, the home rates are gonna increase home mortgage rates.

Is that a good thing or a bad thing? I think it's a good thing if you are a first time buyer, if you are a renter, if you have been struggling to get into the market, especially here in Santa Clara County, Silicon Valley, San Jose, Los Gatos, Willow Glen. Morgan Hill, Gilroy, den Valley, all these different places that I see all the time, I'm seeing houses getting snapped up still.

Are they still seeing 17 offers? No, they're getting one, two, or three offers. We have offers that are sitting on homes that sellers just won't go down on price. They're not being realistic on the market. That's fine, but it absolutely, it's absolutely happening. Let me show you something really. what I've been seeing here.

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