🍁 When you think of November, what comes to mind? Cozy evenings by the fire, gatherings with family, and the excitement of the holiday season just around the corner! 🎃 It’s also the perfect time to reflect on new opportunities and make a move in real estate before the year wraps up!
As the market shifts, many expert Englewood, FL realtors believe that the following are unfolding for buyers and sellers right now👇
✅ For Buyers:
Mortgage Rates Trending Down: While rates are staying between 6.5% – 7%, it’s a step in the right direction, giving buyers a chance to lock in a rate before the year ends!
More Inventory, More Choices: With up to a 30% increase in homes for sale compared to last year, you’ll have more options to choose from.
✅ For Sellers:
Stable Prices: In many areas, home prices are holding steady, so you can still capture solid offers, especially before the holiday season kicks into full gear!
🏡 Renter or Buyer? It’s a win-win! Rental prices may ease slightly, but it’s a great opportunity to evaluate if purchasing could be your next step.
Let’s wrap up 2024 on a high note! Ready to explore your options? Contact us today!
