November 14, 2024

Bay Area Sales Slow Mortgage Rates Hit 6 Month Lows

Bay Area Real Estate costs are changing and changing quickly.  Mortgage Rates have as of late dropped to a half year 2017 low.

In this video I will show you… Mortgage Rate trend charts, Real Estate Market Reports for my main market (you can set up your own report if you want)

A GREAT OPPORTUNITY TO LOWER YOUR MORTGAGE RATES

I needed to turn out and get some information to you concerning what’s new with Mortgage financing and interest rates in the Bay Area since this could be quite energizing for the overall market, specifically for recently discouraged home buyers.

As of late, home loan rates have plunged to half year lows. This implies it’s as yet an incredible time to buy a home and it could be a far and away superior time to taking a stab at hauling money out or renegotiating your present home loan.

READ MORE ABOUT MORTGAGE RATES HERE

HOME SALES SLOWING DOWN

THIS COULD BE A GREAT TIME FOR BAY AREA HOME BUYERS.

On the flipside of that, home transactions for new and existing homes have backed off significantly since late spring. This may not be awesome for home sellers that need to list their bay area house. A considerable lot of them think their homes are worth more than they really are.

We have also recently witnessed more and more home listings on MLS being reduced in price where seller are NOT getting the pie in the sky sales price they envisioned.

For Bay Area homebuyers it is uplifting news. Heading into the winter months this implies there will be significantly greater chance to buy a house with less rivalry and likely less offer wars driving costs upwards.

In this video

I will demonstrate to you a case of how low financing costs really are and in addition a custom market report from my essential market in Pleasant Hill California.

You can set up your own Bay Area Real Estate custom report and look for your neighborhood here

When you set up your custom search we can alert you of new homes, sold homes and any price reductions or homes that are not selling quickly.

About Jason Wheeler - Real Estate & Lending

Thank you for visiting my website! I'm Jason Wheeler and I've been a top producing Bay Area consultant in real estate and finance since 2003. People are hands down my #1 passion. I believe relationships are the most important thing in the world. In the realm of real estate and financing however, things can be convoluted, frustrating and down right upsetting in a lot of cases. I work HARD to always make people first, and strive to not only help them with their Real Estate and financial goals but to pull back the curtains and EDUCATE people on the processes, what they can do, what they can’t do and how to make the pieces fit in any given situation.

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