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Home Loan News..

Opportunity in Housing

  • Writer: Michael Belfor
    Michael Belfor
  • Dec 16, 2022
  • 1 min read

Last year, the real estate market was so hot that many buyers had to pay over asking price and struggled to get favorable terms. But today’s housing market is allowing buyers more room for negotiation and discounts.


This sets the stage for a potential opportunity. There are signs that inflation is beginning to ease, and long-term rates tend to follow inflation. If interest rates decline, home prices would become affordable to more buyers.


At the same time, inventory levels remain well below historical averages. If the level of buying activity increases in a market with tight supply, prices will be well supported. And remember, there are ways to bring your payment down today with a temporary or permanent buydown.


Call me to review opportunities in your local market today.

 
 
 

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The Belfor Team

Mortgage Banker

Branch Manager

NMLS 264700

CA DRE 01878769 
SF.415.231.0900

OC. 949.468.0012

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© 2020 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Licensed by the Dept of Financial Protection and Innovation under the CRMLA. Licensed in CA. CA DRE #01215943. NMLS 1850. Equal Housing Opportunity.

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