Now buyers have FOUR good reasons to resume their home search.
- Market is Balancing – Traditional Buyers are Officially Back in Control!
- Buckeye and Queen Creek are already in a Buyer’s market
- Prices Dropping – Median List Price Reduction is $13,000
- Interest Rates Dropping – The Fed raised the Federal Funds Rate on Wednesday and BAM! Let’s hope it sticks!
- Freddie Mac Mortgage Rates from Thursday
- Seller Concession are Back – Almost 8% of the home sales last week included concessions. ASK ME HOW YOUR BUYERS CAN USE A SELLER CONCESSION TO GET A TEMPORAY OR PERMANENT RATE REDUCTION.