Residential Real Estate Market Report - 9/14/24
Zane Petersen
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Happy Saturday Linked-In Friends, I hope this early Saturday morning post finds you had a very successful week this week!
Well, for the past 6+ weeks you've been receiving these Market Newsletters, and I've been letting you know solid that this is the time to make your Move!?Just a few months back, we were reporting Mortgage Interest Rates 3% higher than when they fell to this week.?Seems like 8% was just a few weeks ago, and it was.?
This week is the second week reporting HOT Interest Rate Reductions into the 5%'s, reported by many of our TOP Lending Partners across the board.?Here's one sample one of our TOP partners sent us this week...
This week has been incredible for both buyers and sellers. FHA buyers, especially those with a 780+ FICO score, are seeing the lowest rates with just 3.5% down. Even if your credit score is less than perfect, we're seeing rates in the low 6%'s—an amazing opportunity that's prompting many to jump off the fence and get active in the market.
I've been fully booked with listings and buying appointments, and this week has been filled with successful closings.?Thursday we had 3 Closings alone, and it seems everything we are listing is selling in just a few days.?The Real Estate market for Sellers has heated up, and now truly is the time to make your move before competition increases even more.
In Closing, If you're thinking about listing your home in the next few weeks, tomorrow I'll be scheduling this week's professional photography, videography, and drone shoots to capture your home at its absolute best. Let's showcase those lush gardens and vibrant greenery before the season changes.
Remember, presenting your home in its best light is crucial for maximizing exposure on the MLS, the 900+ syndicates, and countless other marketing avenues. We're entering one of the hottest selling fall markets in years, and with competition rising, timing is everything.
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READY to make your Move with just one call - 763.843.2905
As your neighbor and a marketing expert with over 23 years of experience, I’ve successfully moved thousands of clients, whether it's a local sale or a national/international relocation. Your dream is within reach, and I'd love to help you achieve it.
You Deserve A Dream Home?! Let's find the perfect buyer who will pay top dollar and make your move a breeze. Reach out today—I'm here to make it happen for you!???
A Few Photos From A Successful Week of Closings - ALL Smiles!?
As your neighbor, Real Estate Marketing Expert and Minneapolis Realtor with over 23 years of Moving literally thousands of clients to Success, whether it's a local sale or a national/international relocation you are seeking, Your DREAM is never too Big for me, and I'd love to help you achieve it.
You Deserve A Dream Home?, Let's find the perfect buyer who will pay top dollar and make your move a breeze. Reach out today—I'm here to make it happen for you!
Again, Happy Saturday! Love you guys! ?? Zane Petersen Coldwell Banker Global Luxury - Lake Minnetonka 763.843.2905 - www.zanepetersen.com
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