Good News for Home Buyers

With the Fed continuously lowering rates (latest was largest cut in over 20 years), home buyers and home sellers have something to get excited about.

We haven’t seen the pain in Dallas Fort Worth like the rest of the country has but still, the national headlines can scare anyone into hiding. With the latest cut, real estate analysts are expecting respectable improvements in home sales across the country and I for one am always optimistic. I have already seen a tremendous increase in home buyers visiting the home search feature on our real estate website.

For home buyers (and home sellers who will need another home), this is fantastic news. Lower rates can mean a more affordable home and can also mean that you are finally able to move up into that home that better fits your needs and your family. Simply put, homebuyers can afford more within their budget with these lower rates. If the reason you were waiting to buy was for prices to get lower, I wouldn’t wait much longer. With home prices at a low and mortgage rates at a low, prices will only start going up.

If you are interested in finding a home in Dallas Fort Worth, please call me at 800-326-9011 or email me here. However you decide to use, good luck and as always have fun!