Buy Now, Refinance Later: Smart Moves for Today's Market | Real Estate Market Update w/ Martin Perdomo
Send us a text Mortgage rates have fallen to 6.35%, down from over 7% last fall, and homebuyers are responding. Purchase applications are up for the fourth consecutive week, and property touring activity has surged 14% from last month. This renewed interest suggests a market beginning to thaw, potentially creating a window of opportunity for prepared buyers in early 2025. The current landscape offers a strategic advantage for buyers - prices have dipped 2.5% year-over-year to a median of $36...