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Today I’m here to give you the latest market update for North Orange County and South LA County. Our team has recently completed our move to Century 21 Masters and are finally settled into our new office. We are ready to service all of your real estate needs.
Recently, we had a lot of volatility in the stock market and there has been much speculation about interest rates and when they will rise. From what we know, the rise could happen as early as this September, although the recent volatility may cause them to wait a little bit longer.
Recently, we had a lot of volatility in the stock market and there has been much speculation about interest rates and when they will rise. From what we know, the rise could happen as early as this September, although the recent volatility may cause them to wait a little bit longer.
In
the end, rates are probably not going to go up a ton, maybe by 1% or
so. However, this makes a huge difference for buyers. A 1% increase in
interest rates can have up to a 10% effect on your purchasing power. If
you or someone you know has been thinking about buying a home, or
selling their current home and trading up into a bigger one, now is a
great time to do both of those things.
If you have any question for us, feel free to give us a call or send us an email. We look forward to hearing from you soon!
If you have any question for us, feel free to give us a call or send us an email. We look forward to hearing from you soon!
