Mortgage Rates Are On The Move!!!
Homeownership just got more affordable with lower mortgage rates, making it a great time to buy your dream home.
In 2022, mortgage rates rose, and activity in the housing market slowed down, putting buyers on the fence about purchasing a home. However, rates are now beginning to come down, and buyers are reentering the market. According to Lawrence Yun, Chief Economist of the National Association of Realtors, and I quote, "The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November."
This is good news for homebuyers! Finding your home can be a journey, but taking the first step is the hardest part. Connect with my team and I so we can align you with a great lender and start the process of finding your dream home today.
With our extensive knowledge of the local real estate market, we can help you find that perfect home that checks all your boxes. As experienced agents, having helped over 2,200 San Diego families to successfully buy or sell a home, my team and I will guide you through one of the most exciting journeys, purchasing a home to call your own.
Whether you want to sell your existing home, buy your first home, upsize, downsize, purchase a vacation home, or just talk about options, a real estate professional is your best source for information based on current trends in our area. If you're interested in learning more about the 2023 real estate forecast, don't hesitate to reach out - we're happy to help!