LOOKING FOR BIG THINGS IN THE SECOND HALF OF 2023

President Biden just signed the debt ceiling bill! Let the games begin. Hopefully, this will encourage the FED to ease interest rates and the stock market to climb. That is no reason for this country to go into a recession. We have high employment and plenty of demand for products and services. Please, Uncle Sam (and our executive and legislative branches) get out of the way! The Americans are coming!
If interest rates start to decline, I see no reason for second half of 20223 won’t be a good time to be in real estate. Demand is high but inventory is low. Lower interest rates will encourage generate more buyers in the marketplace which will fuel more sales. Makes perfect sense to me!
Thank you all who participated in the Top Workplace survey – again in 2023 we have over 60% participation from our employees and agents. The results will be announced in the next week or two. I am confident you voted CENTURY 21 Nachman Realty a Top Workplace in Hampton Roads in 2023.
Thank you to all that attended our First Quarter Sales Rally held May 3rd at the Double Tree by Hilton in Norfolk. It was a Great Rally and congratulations to all of our First Quarter Winners, 2022 Master’s club Winners and 2022 Quality Service Producers.