Positive signals from the Federal Reserve are helping mortgage rates trend lower, bringing new buyers back into the market.

Homeowners often find themselves in a "wait and see" approach, hoping for the perfect market moment before listing. This hesitation, however, can mean missing out on current buyer demand and existing opportunities.

The good news is, the wait is over! Positive signals from the Federal Reserve indicate mortgage rates are becoming more favorable, actively drawing new buyers to the market. 

While July was initially the target for rate cuts, the Federal Reserve's decision to hold rates that month, amid notable public feedback and global events, has now solidified September as the new target.

“We expect favorable market conditions this fall. ”

We're already seeing the market respond positively to this expectation, pointing to more favorable conditions for home sales this fall.

For buyers, this is a perfect time to get that dream home. We've recently observed homes staying on the market slightly longer, with fewer aggressive bidding wars. This shift offers a welcome sense of comfort and opportunity, making homeownership more accessible for those who may have previously felt priced out.

For sellers, this remains a strong and exciting market! The anticipated rate cuts are expected to bring even more eager buyers, ensuring your property continues to attract substantial interest.

This fall is shaping up to be an exciting time in real estate. With current market shifts creating new opportunities, now is the perfect time to confidently pursue your dream home.

And to add to the excitement, we are giving away an Ooni Pizza Oven for making your at home delicious pizza!  Just keep an eye out for details on how to enter. 

For any real estate questions, call us at (610) 549-4435 or (610) 363-4300. You can also email us at Homes@SteinRealtyGroup.com. We’re looking forward to talking with you!