✅ For Home Buyers:
-> Lower Mortgage Rates: With just 15 weeks left until the end of the year, we’re expecting some relief as mortgage rates start to gradually decrease. That means potentially lower monthly payments!
-> Price Adjustments: Home prices are stabilizing, and in some areas, you might even see modest declines. But remember, this varies by region!
-> More Homes on the Market: With inventory growing, you’ll have more choices, but the competition for lower-priced homes will still be strong.
✅ For Home Sellers:
-> Still a Seller’s Market: Demand remains strong, so it’s still possible to get great offers.
-> New Build Competition: Watch out for competition from newly constructed homes, especially in areas where builders are busy!
💬 –> Let’s cozy up with a conversation! Got questions about what this could mean for you? Comment “OCTOBER” below for a quick Zoom consultation where you’ll learn how to avoid common mistakes and navigate the homebuying or selling process like a pro! 🍂💬