🏡 Real Estate Market Update | October 10th, 2024 📅 #shorts #realtor #realestateagent #fyp
This week: 📈 Mortgage applications UP 0.7% (6 weeks in a row!) 🏘️ Inventory up 0.4% with 734,000 homes now available 🏷️ Price reductions increased by 0.5%, with 39.5% of homes seeing markdowns
💰 Interest rates rise to 6.5% 📊 following the latest jobs report.
Buyers: Now’s a great time to act! Rate drops could be coming soon.
Sellers: Avoid overpricing! More homes are hitting the market, so be strategic. 🏡
Investors: Look into DSCR loans for up to 80% cash out! 💼
👉 Ready to buy or sell? Reach out today for expert guidance!
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