Exciting Market Update: What a 12% Mortgage Surge Means for You

Shavonne Martin December 9, 2024

Did you catch the latest market news? CNBC just reported a 12% spike in mortgage applications.

A 12% jump might not sound like much at first, but compared to this time last year, it’s a staggering 52% increase.

Here’s why this matters for you:

Key Takeaways:

Buyers are adjusting to current interest rates (6-7%) but are still quick to act on even small rate drops.
The buyer pool is growing, which means more potential offers, quicker sales, and the opportunity for higher prices—if your home is positioned strategically.

If you’ve been considering selling, this uptick in activity could be the perfect window to list your home and maximize your return.

As always, I’m here to guide you through the market and how this impacts your plans.

P.S. Have you received your 2024 home value report yet? If not, reply to this email, and I’ll send you a professional, detailed report today. It’s far more accurate than those automated online tools!

Looking forward to hearing from you!

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