The statement that the mortgage rates have not gone down since the September 18th .50 cut, might be understated. Rates were in the mid to high 7s in April and are now sitting at an average of 6.12. Rather signifigant. Also, take into consideration that some of the 1.5% decrease in the last 7 months was speculation/anticipation that the feds would cut rates so some of that was already built in before the September cut. Great video though, will be subscribing.
Nah, buyers should hold out. Prices need to come down more.
Think about prices in a few months. Where can a price reduction come from? I fear imminent price increases on the horizon.
Always Good info Sam. Appreciate it. Thanks!
Denver homes need to adjust down 10% to 15% to be realistic
Great video! I agree with your opinion on denver market
The statement that the mortgage rates have not gone down since the September 18th .50 cut, might be understated. Rates were in the mid to high 7s in April and are now sitting at an average of 6.12. Rather signifigant. Also, take into consideration that some of the 1.5% decrease in the last 7 months was speculation/anticipation that the feds would cut rates so some of that was already built in before the September cut. Great video though, will be subscribing.
It's out of a sellers market finally and now they should wait? Suuuuuure inventory is fixed to explode by next spring.
Read the title (because that’s all I’m assuming you did) again.
@@DenverLivingwithSam ? Rude as fuck, I was actually thinking about using you as an agent one day but now I never will.
I doubt I will ever recover from this loss.