FED's First Rate Cut Since 2022: What It Means for Home Buyers & Sellers! 🎯

FED's First Rate Cut Since 2022: What It Means for Home Buyers & Sellers! 🎯

Big news! The Fed just made their first rate cut since 2022, dropping the Federal Base Rate by 50 basis points. But what does that mean for you if you're looking to buy or sell a home? In this video, I break down the impact of this rate cut on Orange County real estate, how mortgage rates might shift, and what buyers and sellers should expect in the coming months.

We’ll dive into why lower mortgage rates don’t necessarily mean a housing boom just yet, but how smart buyers can jump in early and avoid future competition. Sellers, this is also your chance! With tight inventory, you can take advantage of growing demand and avoid waiting until the spring market, where more listings could mean stiffer competition.

Plus, we’ll touch on what Jerome Powell had to say about the real estate market and why even the FOMC’s rate cuts won’t drastically lower home prices without more inventory.

If you're thinking about buying, selling, or just watching the market, now is the time to stay informed!

Let's chat! Schedule a no obligation seller, buyer or market consultation with me HERE ➡️ https://calendly.com/necochea-33/30min

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Links/References/Credits used in this video
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Articles
➥ https://www.tylervigen.com/spurious-correlations
➥ https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html
Videos
➥ https://www.youtube.com/watch?v=GNRR6EFLdXU
Websites
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Music
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🤝Schedule a NO obligation SELLER, BUYER or MARKET consultation here: ➥https://calendly.com/necochea-33/30min
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Question - Which Orange County Markets (cities or neighborhoods) are you most interested in following?

Disclaimer: This video is NOT sponsored.

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