🏡 Why Now Could Be a Smart Move for Homebuyers
You’ve probably heard the news: the Fed has made a rate cut. For many loan types, that often trickles into better mortgage rates (or at least more favorable ones) for prospective buyers. Meanwhile, in many communities, including ours, homes are sitting a bit longer, and some are seeing price reductions. That shift means opportunity. If you’ve been on the sidelines, waiting for the “right time,” this might be it. 📉 What’s Actually Changing: Interest Rates & Market Pressure A recent rate cut by the Fed signals more accommodative monetary policy, which can encourage lower borrowing costs for qualified buyers. Because supply outpaces demand in some neighborhoods, sellers who were used to fast offers may now reduce price expectations or negotiate more flexibly. Homes that once flew off the market are staying listed longer—giving buyers time to think, compare, and choose more intentionally. Together, that creates a “balancing moment” between what buyers can afford and what...
