Welcome to 2024: A Year Full of Real Estate Promise!
Get ready to explore what the new year has in store for the world of real estate. From exciting opportunities for buyers and sellers to shifts in market dynamics, 2024 is shaping up to be a year like no other!
#1. A NEW START-
Guess what? Redfin and Money.com are saying that it's going to be a more even playing field for buyers and sellers this year. Plus more people are deciding to sell their homes, so you're going to see a lot more options out there. And here's the cherry on top: mortgage rates are likely to go down, making it easier and more affordable to buy a house.
#2. NEW INTEREST RATES -
Mortgage rates are on the downslide, which is fantastic for your buying power. This means you can get more house for your money, making it a lot easier to afford that dream home you've been eyeing. Lower rates = less stress on your budget, so you can shop for homes with confidence, knowing your dollars will stretch further.
#3. MORE CHOICES -
This year, we're seeing an increase in inventory which means more options. And, here's the best part: with your purchasing power getting a boost and homes becoming more affordable due to expected drops in mortgage rates, you've got an opportunity to find that perfect place without stretching your wallet too thin. It's a great time to find the home you've always wanted. Happy house hunting!
#4. WHAT ABOUT SELLERS?
Thinking about selling your place? 2024 might just be your year. With more people looking to buy homes, you've got a better chance of finding eager buyers and getting some sweet offers. That extra demand could mean a big win for you! So if you've been considering the idea of putting up that "For Sale" sign, it looks like the stars are aligning for a great sale.
Here to a great 2024 in which you can navigate the market with confidence, whether you're buying, selling, or just love real estate!
And, Remember- I'm here for you every step of the way! I love helping clients achieve their real estate goals! Schedule a real estate goals chat HERE!
One more thing, if you're looking to open a new door in 2024, then be sure to grab my BUYER'S GUIDE!
With Kindness,
Jenny Sultenfuss
Realtor® HoM Realty
832.360.6350
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