More Opportunity as Mortgage Rates Slide
Breckenridge Market Stats~ Buyer's Market
Dillon Market Stats~ Buyer's Market
Frisco Market Stats~ Buyer's Market
Silverthorne Market Statistics~ Buyer's Market
Opportunity Time~
Mortgage Rates Go Downwards
Last week's jobs report showed unemployment at a 4-year high, signaling a cooling economy and reducing inflation fears. Mortgage rates are already reacting, and we’re likely heading into a lower-rate environment—a huge opportunity for buyers. Rates have already officially hit new 11-month lows. Investors expect multiple interest rate cuts this year after the nonfarm payrolls report on Friday.
Pair that with the huge number of price drops and this is one of the best buyer markets we’ve seen in years.
Time is Running Out for This Year;
Inventory has lost 114 homes in the last two weeks. If you see your dream home move fast or it will be next spring for you get another chance. If interest rate fall below 6% Spring will probably be a Feeding Frenzy
MLS the Last 7 Days~ New Inventory Slows Further
Price Decrease (94)
Price Increase (2)
New Listing (25)
Back On Market (10)
Pending (66)
Sold (40)
Withdrawn (14)
Expired (21)
Why a Local Pro Matters More Than Ever
*Tom was great to work with, and always in communication and great with availability for my husband and I to see the condos - which is incredibly important when it comes to a market that has listings one day, and then they are sold the next. Eric-New Breckenridge Homeowner