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NAR Chief Economist Lawrence Yun reacts to the Fed's half-point rate cut decision.

How To Avoid Today's Top Seller Mistakes Want to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too? The biggest missteps are pricing a house too high, skipping repairs, not being objective, and not being willing to negotiate. And the best way to avoid falling into any of these traps is to partner with a trusted real estate agent who knows exactly what to do. Let’s connect so you have someone to lean on for advice. #sellyourhouse #justsold

2025 Housing Market Forecasts: What To Expect Looking ahead to 2025, it's important to know what experts are projecting for the housing market. Mortgage Rates Are Projected To Come Down Slightly Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the National Association of Realtors (NAR), and Wells Fargo show an expected gradual decline in mortgage rates over the course of the next year. And many experts believe these signs will encourage the Federal Reserve to lower the Federal Funds Rate, which tends to lead to lower mortgage... #expertanswers #stayinformed

Thinking about downsizing but not sure what type of home you want? If you haven’t considered a 55+ community, here are a few reasons you may want to: - Lower maintenance - Great on-site amenities - Accessible floor plans - Like-minded neighbors Want to see what’s available in our area to find out if it’s right for you? DM me. #downsizing #makememove

How To Avoid These Top Seller Mistakes Want to avoid making some of the top seller mistakes? The key is working with a real estate agent so you don’t overprice your house or skip necessary repairs. Let’s connect so you can avoid making these costly mistakes. #sellyourhouse #realestateadvice

As inventory grows, the market is starting to balance out a bit. But don’t worry – this isn’t close to an oversupply that would cause a crash. It just means buyers are regaining negotiation power as their options grow. And sellers need to price their house right and may want to consider some repairs to help it stand out. Let’s connect to talk more about how this impacts you. #housingmarket #homesforsale

Here’s an early 2025 housing market forecast. Experts project mortgage rates will come down slightly, which should lead more buyers and sellers to move. And that’ll create a moderate increase in sales as activity ticks up. It’ll also likely push prices up a little bit nationwide, though price changes will vary by location. DM me if you want to start planning for your move. #2025housingmarket

Mortgage rates are declining. And that may make you wonder if it’s time to jump back into the market. While they’re not going back to pandemic lows, experts say rates could continue to drop as long as inflation eases. So, what number do you want to see rates hit before you’re ready to move? Drop it in a comment below. And I’ll be the first to let you know when we get there. #mortgagerates #affordability