Home prices down for the month, still UP for the year.
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Today in Mortgages Rich Jefferson is here in the studio! Several news articles today are talking about prices coming down. The tide is shifting, and sellers are starting to concede on home price with cuts. A contributing factor is the increasing inventory, but even with price cuts, home price growth is still above average. This is great news for your buyers who need prices to soften with these high interest rates.
Tune in to this episode to gain a deeper understanding of the current market dynamics and discover how you can better support your clients in achieving their homeownership dreams. Whether you're a seasoned professional or new to the industry, this discussion offers valuable insights to help you navigate today's real estate landscape.
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The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
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