Keys With Victor

Based on our research, we anticipated the Fed would cut rates sometime in September - and on September 17th, they did just that, dropping rates by 25 basis points. 🔮 it's almost like having a crystal ball!

Of course, there's no real magic crystal ball in real estate. Our research often aligns with what happens next...and sometimes, it doesn't. But this time, we were spot on.

Following the rate cut, our lending partners have seen an uptick in purchase and refinance applications, along with slight price adjustments on homes here in Southern California.

The Market is Shifting

• Buyers are getting off the fence and jumping back into their home search. 

• Sellers are making realistic price adjustments, slightly reducing asking prices where needed.

• Competition is Back - buyers are finding themselves in multiple-offer situations, and sellers are seeing stronger activity - especially when they're partnered with the right advisor.

Why This Matters

having the right real estate advisor (that's me) is crucial right now. I keep a close pulse on every aspect of the market so you're always informed and guided through each shift - making sure you're positioned to make the best decision, whether you're buying or selling.