Summer usually means more home showings, offers flying everywhere, and open houses serving (mystery) lemonade. But this year, headlines aren’t just about backyard BBQs! The only thing rising faster than the temps are… yep, mortgage rates. Here's the big summer scoop:

• New Tax Bill Passed: Congress is keeping us on our toes (and sometimes, scratching our heads). The latest tax reform could change how much homeowners can deduct, which means more questions at every kitchen table closing negotiation.
• Tariffs—On Again, Off Again: Just like your neighbor's fireworks, nobody knows exactly when (or if) these will go off! Tariffs can impact construction costs, repairs, and even the price of your new neighbor's imported garden gnome (it’s a thing now, we checked).
• US Treasury & Mortgage Rates Up, Up & … Oh My: The Treasury yields are climbing faster than my cholesterol after a summer corn dog. Guess what else follows? Mortgage rates! If you’re buying, expect higher monthly payments. If you’re selling, don’t panic—homes are still moving, but every dollar counts.

What Does It Mean For You?

• Homeowners: Refinancing? It’s a narrow window—get your appraisal now before rates jump again!
• Realtors: Yes, we know, “Did the value go up since last week?” We feel you.
• Sellers: Pricing matters more than ever. Let’s keep those comps… well, comparable!
• Buyers: Bring your ‘A’ game—and maybe your calculator.
• Attorneys: You’re about to see more estate questions than an appraiser sees coffee breaks (and that's saying a lot).

In Conclusion…

Summer’s sizzle is real—but the real estate market’s hotter than ever with uncertainty. Relax, On The Mark Appraisals is here with the right answer, even if we use a slightly dull pencil (oops, time to sharpen up!) for sketching your property.

By: Your friendly (and slightly sarcastic) neighborhood appraiser ??Ready for an honest, hilarious, and expert appraisal? Contact us—because when it comes to home values, we don’t "estimate", we hit the mark.