The Monthly Reed: Your May 2026 issue is here!
First We Gotta Say: 🗣 HAPPY MOTHER'S DAY TO ALL THE MOMS! 💐
We appreciate you and love you beyond what words can ever express!
It’s been an interesting market lately, with headlines raising questions and consumer confidence shifting. The good news?
It’s not doom and gloom. I pulled the local data so you can see what’s actually happening below.
Monthly Reed Market Snapshot
The Main Takeways:
The housing market is NOT crashing, the data shows us there is healthy activity even as consumer confidence wains vs recent years.
The jump to a 6.50% 30-year fixed rate is driven by global energy concerns and bond market reactions to the Fed’s recent hawkish tone. However, zooming out shows that buying today is still roughly $300 cheaper per month on a $500k loan than it was in early 2025.
If you have a life change and might need to make a move, don't let fear hold you back from at least having a conversation about your options.