Real Estate Market Update | October 23rd, 2024 | Market Trends & Tips for Buyers & Sellers

Jennifer Yoingco
Jennifer Yoingco
Published on October 23, 2024

📊 October 23, 2024 Real Estate Market Update! 🏡📈

Inventory remains steady at 732,400 homes, but expect a drop as winter approaches. 🌨️💡 Price reductions are slightly up at 40.1%, which is normal for this time of year. Interest rates? Holding steady. 📉✨

For Buyers: Don’t wait for rates to drop! Lock in great winter deals now. 🔑🏠 Rates typically fluctuate post-election, so start your search today! 🚀

For Sellers: Buyer activity has slowed due to rising rates. Price competitively and act fast to secure offers. 💰🕒

For Investors: Build-to-rent housing is gaining traction! Institutional investors are eyeing long-term rentals. 📈🏘️

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👉 Looking to buy or sell? Contact me today! 📲

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