• calendar_month September 18, 2024

The Federal Reserve has just made a significant decision by cutting rates by 50 basis points, with two more rate cuts planned by the end of the year. While this aims to keep the economy stable, we are also seeing unemployment on the rise, which could affect market conditions moving forward.

 

However, the biggest factor affecting the market right now is the uncertainty surrounding the upcoming election. We saw this exact trend four years ago; buyers hesitated, causing a slowdown in the market. But this presents a great opportunity for those ready to act: less competition in the market means you can find better deals and have more negotiating power.

 

Currently, we’re seeing properties staying on the market an average of 8 days longer, giving buyers an even greater advantage. If you’ve been waiting for the right time to purchase, this is it.

 

We know the market inside and out, and we’re here to guide you through this unique moment. Strategic planning is our obsession, and with our years of experience, we put both our buyers and sellers in the best possible position. Call me today, or logon to my website ( LET'S CHAT and let’s explore your options.

 

Respectfully, 

 

Fallon Marie O'Brien

Fallon Marie O'Brien

JohnHart Real Estate

DRE - 02167762
Direct - 805.236.4993, Office - 818.246.1099

Contact Fallon Marie Today!