As the weather warms up and flowers start to bloom, the real estate market is coming alive!
Good news for homebuyers! According to the latest Freddie Mac Primary Mortgage Market Survey, mortgage rates have dropped for the sixth consecutive week. These lower rates are a welcome relief for buyers who have been struggling with affordability.
Good news for sellers! This could be the year to sell your house. According to a recent NerdWallet survey, 15% of people are planning to buy a home this year. The percentage has been hovering between 9-11% since 2020. This recent increase shows buyer demand hasn’t disappeared – if anything, it indicates there’s pent-up demand ready to come back to the market.
At least some of the buyers who put their plans on hold over the past few years will jump back in. Whether they’re feeling more confident about moving, they’ve finally saved up enough to buy, or they simply can’t wait any longer – this is the year they’re aiming to take the plunge.
Whether you’re thinking about buying your first home, upgrading to something new, or selling to take advantage of spring demand, I’m here to guide you every step of the way.
Contact Paula Swenson
☎️515-971-0650
📧Paula@dsmprecision.com
Passion for Your Dream. Home. Lifestyle.
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