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

Jennifer Yoingco and Benjamin Yoingco
Jennifer Yoingco and Benjamin Yoingco
Published on October 23, 2024

๐Ÿ“Š October 23, 2024 Real Estate Market Update! ๐Ÿก๐Ÿ“ˆ

Inventory remains steady at 732,400 homes, but expect a drop as winter approaches. ๐ŸŒจ๏ธ๐Ÿ’ก Price reductions are slightly up at 40.1%, which is normal for this time of year. Interest rates? Holding steady. ๐Ÿ“‰โœจ

For Buyers: Donโ€™t wait for rates to drop! Lock in great winter deals now. ๐Ÿ”‘๐Ÿ  Rates typically fluctuate post-election, so start your search today! ๐Ÿš€

For Sellers: Buyer activity has slowed due to rising rates. Price competitively and act fast to secure offers. ๐Ÿ’ฐ๐Ÿ•’

For Investors: Build-to-rent housing is gaining traction! Institutional investors are eyeing long-term rentals. ๐Ÿ“ˆ๐Ÿ˜๏ธ

๐Ÿ’ก Donโ€™t miss outโ€”subscribe for weekly updates and tips! ๐Ÿ‘๐Ÿ””

๐Ÿ‘‰ Looking to buy or sell? Contact me today! ๐Ÿ“ฒ

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