BꞮG NEWS FOƦ BUYEƦS & SELLEƦS: MOƦTGAGE APPLꞮCATꞮONS JUMP 12%!

CNBC recently reported a 12% jump in mortgage applications.

𝐀𝐭 𝐟𝐢𝐫𝐬𝐭 𝐠𝐥𝐚𝐧𝐜𝐞, 𝟏𝟐% 𝐦𝐢𝐠𝐡𝐭 𝐧𝐨𝐭 𝐬𝐞𝐞𝐦 𝐥𝐢𝐤𝐞 𝐦𝐮𝐜𝐡—𝐛𝐮𝐭 𝐜𝐨𝐦𝐩𝐚𝐫𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐭𝐢𝐦𝐞 𝐥𝐚𝐬𝐭 𝐲𝐞𝐚𝐫, 𝐭𝐡𝐚𝐭’𝐬 𝐚𝐧 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐨𝐟 𝐨𝐯𝐞𝐫 𝟓𝟐%. So, what does this mean for you?

Two key takeaways:

  1️⃣ Buyers have become 𝖒𝖔𝖗𝖊 𝖆𝖈𝖈𝖊𝖕𝖙𝖎𝖓𝖌 𝖔𝖋 𝖎𝖓𝖙𝖊𝖗𝖊𝖘𝖙 𝖗𝖆𝖙𝖊𝖘 in the 6-7% range but remain highly sensitive to even small rate drops.

  2️⃣ This shift could be good news for would-be sellers. It suggests the pool of buyers—especially those keeping an eye on interest rates—may be growing, making it a great time to consider listing your home.

𝐓𝐡𝐢𝐬 𝐬𝐮𝐫𝐠𝐞 𝐜𝐨𝐮𝐥𝐝 𝐭𝐫𝐚𝐧𝐬𝐥𝐚𝐭𝐞 𝐭𝐨 𝐦𝐨𝐫𝐞 𝐨𝐟𝐟𝐞𝐫𝐬, 𝐟𝐚𝐬𝐭𝐞𝐫 𝐬𝐚𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥𝐥𝐲 𝐡𝐢𝐠𝐡𝐞𝐫 𝐩𝐫𝐢𝐜𝐞𝐬 𝐟𝐨𝐫 𝐬𝐞𝐥𝐥𝐞𝐫𝐬 𝐰𝐡𝐨 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐭𝐡𝐞𝐢𝐫 𝐡𝐨𝐦𝐞𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜𝐚𝐥𝐥𝐲.

Want to know how this trend could impact your plans? I’m here to guide you every step of the way.

👉 Bonus: Curious about your home’s value in 2024? DM me or comment below, and I’ll create a professional, accurate report just for you. It’s way more reliable than those generic online tools!

Let’s make your real estate goals happen. 🏡