Interest rates are coming down. This is helpful for buyers and sellers. Knowing that a 1% change in interest rates effect a buyers purchasing power by 10%, there will be some who may have been priced out but now have the opportunity. And a larger buyer pool is great for sellers. Plus, people who have wanted to make a change but have been held up may now be able to pull the trigger on their dreams. Exciting times in real estate are on the horizon.
