Homeownership is getting more affordable because of lower mortgage rates. In 2022, mortgage rates went way up, and activity in the housing market slowed way down. High interest rates put people like you on the fence about buying a home.
But now, rates are beginning to come down, and buyers are ready to buy. Hi, I’m Sherri Echols, Broker Associate with eXp Realty.
According to Lawrence Yun, Chief Economist of the National Association of Realtors, “The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November.”
This is great news for homebuyers! If you’ve been holding off on buying the home you are dreaming of, call me. Let’s get you pre approved and start looking today!
I’m your community market leader Sherri Echols, a helping hand for a happy home.
