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As someone who is always searching for opportunities for my clients, regardless of the market, data is often times the key. On a national level, I found 3 trends in September 2024 that I think are important for my clients who may be considering entering the market as either a buyer or a seller.
· 36.2% More Homes Available: The highest level of listings since 2020 means more options for buyers and more visibility
for sellers entering the market.
for sellers entering the market.
· 19.3% Price Reductions: Nearly 1 in 5 homes saw price cuts, giving buyers a chance to find great deals.
· Mortgage Rates Dropping: Rates hit their lowest point in 18 months at 6.35%, and they may fall further this fall.
There are many factors to be considered, and I want to make sure we take the best course of action for your long-term goals. I welcome the opportunity to discuss your goals and give context to how these three trends, combined with developing a solid plan can help you capitalize on the opportunities becoming available our the local market.
