Author: Jenni Tennant, DRE #02065615
2023 Was a Sluggish Year.:
As we step into 2024, the real estate market is showing promising signs of heating up after a sluggish year in 2023. Hi, I'm Jenni Tennant, a real estate expert with eXp Realty, here to share insights into what this means for buyers and sellers in the greater Sacramento area!
Buyers' Outlook:
For buyers, the good news is that the mortgage rate fever has broken, leading to a decline in interest rates. After hovering at higher levels for most of the past year, interest rates are now in the 6 percent range, making it an opportune time to start shopping for your dream home. With more affordable financing options available, now is the time to explore the market and find the perfect property.
Sellers' Opportunity:
Sellers, take note! The increase in buyer demand signals a favorable time to list your property. Despite the winter season, home prices remain robust, and the uptick in buyers entering the market means more showings and offers on your property. Don't miss out on capitalizing on this opportune moment to sell. Reach out to my team and me to navigate through this significant life decision with expert guidance and assistance.
Favorable Mortgage Rates = Strong Buyer Demand
In conclusion, the winter of 2024 presents exciting opportunities for both buyers and sellers in Sacramento and Folsom, CA. With favorable mortgage rates for buyers and strong buyer demand for sellers, now is the time to make your move in the real estate market. Whether you're looking to buy or sell, I'm here to serve as your local real estate key, guiding you every step of the way. Reach out to me to embark on your real estate journey today!
For more information or to get started, contact Jenni Tennant at 916-542-0237!
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