More homes just hit the market – and that doesn’t usually happen in the fall.
Posted by Ralph Ragette Jr on
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More homes just hit the market – and that doesn’t usually happen in the fall.
Now might be the perfect time to buy a home. According to Lawrence Yun, Chief Economist at NAR, the current increase in available homes puts buyers in a stronger position with better pricing options. While mortgage rates are slightly higher than last month, they’re expected to dip again by year-end, improving affordability.
In Westchester, inventory typically peaks in spring and summer, and this year, the highest number of new listings came in April, although we had a nice bounce in September. Waiting for lower rates could mean fewer options later, especially as home prices continue to rise due to limited supply. If you’re…
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