Reason #1:
Mortgage rates are expected to drop in 2024. Schachter and Frick foresee a gradual decline to a mid 6% by Q2 and lower 6s and high 5s by year end.*
Going ahead and securing a Buyer’s Agent and pre-approval from a lender will position you.
Reason #2:
If you’re a buyer, less competition now gives you negotiation power. Whereas with a forecast of decreasing interest rates, Seller’s may hold the upper hand in 2024.
Waiting may mean facing competition when more buyers enter the market in 2024.
Reason #3:
Exclusive off-market listings are shared through our network of local realtors and our brokerage. Meaning as Buyer’s Agents with experience we have a pulse on everything available and coming soon in our market.
Reason #4:
Negotiating is a big part of the transaction. So, how effective do you think that will be for you if you work with the listing agent?
As your Buyer’s Agents, we will provide advice aligned with your financial and lifestyle goals.
You deserve and need expert representation! Connect with Marks Realty Group today and learn how our years of experience can serve your goals.
*Source: Safane, Jake. "Mortgage Interest Rate Forecast for 2024: Everything Experts Think Will Happen." CBS News
