๐จ Real Estate Market Update – October 16, 2024! ๐จ #shorts #realtor #realestateagent #fyp
๐ Mortgage applications dropped by 0.1% as rates hit 6.6%โinflation is driving this rise, making it tougher for buyers!
๐ก Inventory stays flat at 734K homes, while price reductions climb to 39.6% ๐โseasonal adjustments are kicking in.
๐ฅ Buyer activity is UP for 6 straight weeks! Now maybe your chance to act before rates fall again.
๐ Sellers, expect typical seasonal slowdowns, but rates might stabilize soon.
๐ผ Investors, the build-to-rent market is booming! More homes are being built just for rent!
Ready to make a move? ๐ก Contact me today for expert advice!
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