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How the Real Estate Market Will Function When Mortgage Rates Drop

By
Industry Observer CDRE #01044712

On August 13, 2024, Kimberly Dawn Neumann published a very good interesting report on Realtor.com about how the real estate will function when mortgage rates drop.

1. The ‘lock-in effect’ will ease—and homeowners will start selling,

2. More homebuyers will enter the market,

3. Sales will come on fast and strong,

4. Home prices will likely remain high,

5. Multiple offers may make a comeback,

Perhaps there might be other helpful information about how the real estate will function when mortgage rates drop.

For complete more detailed information about ’s report Kimberly Dawn Neumann report about how the real estate will function when mortgage rates drop, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Michael Elliott
Fathom Realty - Burlington Township, NJ
Burlington, New Jersey Residential Sales

Amen, John I am looking forward to all of that.  Thank you for sharing.

Aug 14, 2024 06:06 AM
John Pusa

Hello Michael Elliott you are welcome, and thank you for the comment.

Aug 14, 2024 03:48 PM
Roy Kelley
Retired - Gaithersburg, MD

Good Wednesday morning, John. Prospective mortgage borrowers will welcome lower interest rates.

Aug 14, 2024 07:01 AM
John Pusa

Hello Roy Kelley I agree, prospective mortgage borrowers will welcome lower interest rates. Thank you for the comment.

Aug 14, 2024 03:49 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

excellent post with great information. Thanks for sharing it.

Have a super fantastic week!

Bill Salvatore, Realtor- Arizona Elite Properties

Aug 14, 2024 08:24 AM
John Pusa

Hello Bill Salvatore - East Valley have a super fantastic week too. Thank you for the comment.

Aug 14, 2024 03:50 PM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

It’s a great post. Thank you for sharing!

 

Have a super fantastic week!

Joe Jackson, Realtor-KWCP

Aug 14, 2024 10:20 AM
John Pusa

Hello Joe Jackson you are welcome, and have a super fantastic week too. Thank you for the comment.

Aug 14, 2024 03:51 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

@john had to smile at Michael Elliott  comment, he was spot on and took the words out of my mouth:)Endre

Aug 14, 2024 10:14 PM
John Pusa

Hello Endre Barath, Jr. I agree, we all looking forward to all mortgage rates drop. Thank you for the comment.

Aug 15, 2024 02:06 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It makes sense to me and we shall see what the future holds for the real estate market, haha.

Aug 15, 2024 06:21 AM
John Pusa
Glendale, CA

Hello Brian England I agree, it makes sense, and we shall see what the future holds for the real estate market, haha. Thank you for the comment.

Aug 15, 2024 02:08 PM