The Market Distillery

The Market Distillery 👨‍🏫 Coaching Realtors to make smarter market moves. Start by getting my free weekly ideas ⤵️

🚨 Mortgage Rate Update ⤵️After several weeks of bad news on rates, home buyers and sellers got a break as mortgage rates...
06/01/2026

🚨 Mortgage Rate Update ⤵️

After several weeks of bad news on rates, home buyers and sellers got a break as mortgage rates declined slightly.

The move came after an inflation reports that came in as analysts expected.

We're at the point where we'll take anything as long as it's not worse than we expected…

Buyers might not want to let this opportunity pass.

There are more forces pushing rates higher than pulling them down, and this opportunity could be short-lived.

This week, we'll get a big update on the job market and unfortunately, if you want rates to come down further, you've got to hope the job market looks weak.

That's because if the job market gets worse, the Fed will be more likely to cut rates.

We'll have to wait and see…

In the meantime, make the most of what's in front of you and keep your people updated.

05/30/2026

Be a Realtor, it’s “easy money” they said…

05/28/2026

You’ll get clarity, confidence, and support. 👍

🚨 Mortgage Application Update ⤵️Overall, mortgage applications were down -8.5% last week.That's a pretty big drop, but w...
05/27/2026

🚨 Mortgage Application Update ⤵️

Overall, mortgage applications were down -8.5% last week.

That's a pretty big drop, but when you dig into the numbers you'll see that there's more to this number.

Applications to purchase a home were actually flat last week while applications to refinance were down big.

And this brings up a unique point about today's market...

People's demand to buy a home is staying relatively strong, even though rates have increased about half a percent this year.

On the other hand, refinance applications are highly sensitive to mortgage rates and we're seeing that live.

Maybe buyers are starting to see rates in the sixes as normal and are worried that rates in the sevens could be around the corner with the rise in inflation and war in Iran...

🚨 Mortgage Rate Update ⤵️We're looking for a little more zen in the markets so rates can chill..Mortgage rates are up 0....
05/26/2026

🚨 Mortgage Rate Update ⤵️

We're looking for a little more zen in the markets so rates can chill..

Mortgage rates are up 0.5% since March.

Truthfully, it's about the worst timing we could get heading right into the buying season.

But, the most important thing is to see the big picture.

Look at the 3rd graphic where it shows where rates are today vs. the high and low in the last year.

It could certainly be better, but rates are still nearly 0.5% lower than where they were within the last year.

And a bigger risk that rates could be going higher.

This week we'll get a big inflation update: the PCE report.

If it's anything like the others, it will keep the Fed thinking rate hikes, not cuts!

So, don't lose sight of the fact that today's rates could be some of the best we see in a long time.

It's better to take what you can get and make sure your rate doesn't go higher than to gamble and lose out entirely.

05/23/2026

The days of weak Realtors is over. Who’s with me??

🚨 Florida Real Estate Update ⤵️The April data is in and as a whole, home prices are up 1% compared to last year in Flori...
05/21/2026

🚨 Florida Real Estate Update ⤵️

The April data is in and as a whole, home prices are up 1% compared to last year in Florida.

This mirrors U.S. prices which are up a similar amount.

Florida continues to be divided into South Florida and everywhere else when you look at the median home price by metro area.

Naples and Miami are the two metro markets where the typical home price is well above the national average.

And to everyone arguing about affordability in Florida…

Florida's prices are 13% lower than the U.S. average!

That said, not all of Florida is winning.

You've got to look at the local markets to get the right perspective on what's growing and where to avoid…

What are you seeing in your area? 🤔

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