Interest rates may go how low in 2024!? 😱⬇️🏡
Experts are saying that interest rates may get down to the high 5 percent range by the end of 2024! 📉 How will that affect buyers and sellers? For buyers it may open the flood gates, and saturate the market with buyers driving up prices. 🔺 Sellers may also see an increase in inventory, and competition with other sellers to capture those buyers looking for a lower interest rate. 🏘 If you are waiting for a lower interest rate you may just lose your leverage as a buyer with multiple offer scenarios increasing. The key takeaway, don't wait! If you find what you like now, strike while you can! ✅
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