January 30, 2023
Theres been a lot of curiosity around the housing market for 2023. The mortgage rates and inflation has had a huge impact on the real estate market. After the recent pandemic boom with home prices going up by over 40%, the Housing market is finally on its journey to correction as mortgage rates doubled compared to the beginning of the year.
Here's a few of my Key TakeAways/ facts
Overall, while the housing market in 2023 is facing a number of challenges, there are also reasons to be optimistic. As mortgage rates drop and the economy continues to recover, we may start to see an improvement in the market conditions. It's important to remember that even in the best of times, economic predictions can be uncertain and that specific predictions will depend on how quickly the Federal Reserve can bring down inflation and borrowing costs without letting it affect buyer demand
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Urvi's work ethic revolves around client-first philosophy, always looking for their best interest which enables her clients to make wise decisions. Urvi's clients often commend her integrity, confidence and professionalism. Her ability to successfully navigate complicated Real Estate transactions and maintain on-going communication with her clients makes it a seamless experience for her clients.