Home prices have stabilized over the past year. At the same time, first-time homeowners and move-up buyers are benefiting from lower interest rates and increased inventory.
The interest rate on a 30-year mortgage fell below four percent last week for the first time since early January of 2018.
It's important that homebuyers and sellers familiarize themselves with market conditions in their desired or current neighborhoods. A knowledgeable REALTOR® can provide the hyper-local market data to enable buyers and sellers to make informed real estate decisions.