For the past two years, buyers have been sidelined by insane home prices and mortgage rates. However, Redfin has just revealed that the average monthly mortgage payment is down nearly $290! California had the 3rd biggest decrease in monthly calculated mortgage payment. Why is this? It’s because Interest Rates have dropped from just over 7% to around 6.3%. Home price growth has finally slowed and finally the market is tipping back into buyers favor.
If you hit pause before, NOW is the time to hit play!
DM me the word FALL and I’ll send you a free Fall Buyer Guide and the local stats in your area, so you can see exactly what’s possible right now.
I’m Terry Tucker, Realtor with eXp Realty. I help people sell and buy homes right here in the East Bay! With over 28 years of experience, I know how to help you win in any market. I’m Terry and I sell homes. Call me today and let’s get you going!
