A quick dip for real estate or is something bigger brewing?

No matter what my opinion is, I will always listen to the market. Been hearing some talks of very slow market incoming so keeping my eyes peeled. Right now, what I see it opportunity for Buyers that hasn't been there for years. The type of opportunity that buyers who have "passed" in recent times would say they welcomed or would jump on if happened, but I know better. That's not how market psychology works. When the time is right to buy is when no one wants to do it. THat's what makes it a good time as you have more options/power as a buyer. That is where we are right now. Will prices go lower? Will rates go higher? Its possible, but so is the opposite. All I know is right now is looking great vs all of 2020 and 2021 for home buyers. Links below. Hope it helps!

SUBMIT YOUR SCENARIO - get a loan quote specific for you and fast! All I need is the following info…feel free to email or text:
- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in

NEED A REALTOR IN San Diego? I know some of the absolutely best and happy to refer you to someone that works specifically in the area important to you.

Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046

VA mortgage rates, FHA mortgage rates, Conventional mortgage rates, JUMBO mortgage rates today

LINKS:
https://www.cnbc.com/2022/06/03/heres-the-email-elon-musk-sent-all-tesla-employees-10percent-job-cuts.html
https://www.cnbc.com/2022/06/03/wealthier-americans-live-paycheck-to-paycheck-after-inflation-spike.html
https://fred.stlouisfed.org/series/MSPUS