It appears that things are slowing down a bit in the industry – at least that’s the buzz from our network partners. Rising interest rates are reducing the demand for home purchases. The people that sold their homes at a premium, still find themselves in alternative living situations because they can no longer purchase the home that they were hoping to get into. Refinancing has all but ceased to occur, which has freed up the appraisal and inspection availability.

The Ukrainian conflict is still on going. Refugees – from both the Ukraine and Russia – are still inundating Eastern and Western European countries limiting temporary housing options and putting a strain on the household goods services. With COVID variants still a very real thing, there are continued issues with government agencies being in the office which delays the completion of the immigration process, issuing government documents (i.e. drivers licenses, residency permits), etc.