A recent announcement from the Federal Reserve should spell a flurry of renewed market activity this spring.
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Recently, mortgage rates fell quickly after the Federal Reserve announced that they would be getting back into the bond-buying business, which could take them even lower. What does this news mean for the real estate market?
When you combine this development with the fact that home prices have receded in the past three months, you have the perfect storm of renewed market activity.
If you’re a buyer, you should take advantage of these low interest rates before the Fed pulls back on bond buying.
If you’re looking to sell your home, this means now’s the time to put it on the market. The spring selling season is already in high gear, and there’s no better time to sell than the time frame between April and June. If you’re a buyer, you should take advantage of these low interest rates before the Fed pulls back on bond buying.
Our team is on top of all the latest stats and trends in the Bay Area, and we’d love to guide you through the buying or selling process. Just give us a call and we’ll help you get started!
If you have any other questions about the Bay Area market, feel free to reach out to us as well. We look forward to speaking with you.