For a few weeks in late February, mortgage rates dropped below 6%—the lowest they'd been in a while. A lot of people moved fast. They got pre-approved, started making offers, and locked in that rate before it climbed back up. Here's the thing about a locked rate: it only holds for 30 to 60 days. So right now, in April, many of those buyers are on a deadline—find a home and get under contract, or lose that rate and start over at a higher number. That pressure is what's keeping the spring market busier than you might expect.
Around here—London, the surrounding counties, and up toward Lexington—that activity is showing up. Homes that are priced fairly are getting attention. The ones sitting are usually either asking too much or have something buyers have to work around. If you've been thinking about selling and just waiting for the right moment, this is about as good as it gets in 2026. There's a real pool of motivated buyers out there right now.
For land and commercial, it's a little different—those deals usually don't hinge on a 30-year mortgage rate. But a busy market creates energy, and that energy spills over. I've had more calls in the last few weeks than I normally see this time of year. A good chunk of them are people who want to move while the window is open.
My honest read: the next couple of months are the strongest stretch we're likely to see in 2026. If you're weighing a move—whether that's buying a home, selling land, or figuring out what your property is worth right now—it's worth a quick conversation. Reach out and I'll tell you exactly what we're seeing in your corner of the market.