FOR IMMEDIATE RELEASE
#Mortgage Experts Encourage Homeowners to Seize Opportunity Amid Rising Inventory
Lodi, CA – July 2, 2024 (USANews.com) – As the real estate market continues to show signs of recovery, mortgage experts are urging homeowners to seize the opportunity presented by the rising inventory of single-family homes. According to Altos Research, active single-family inventory was up 1.8% week-over-week, marking a 30.7% increase from the February seasonal bottom and reaching the highest level since July 2020.
Top mortgage professionals are advising homeowners who are considering a move to act now and take advantage of the current uptick in activity. With more options available on the market, now is the perfect time for homeowners to make their next move.
“We are seeing a significant increase in inventory, which means more choices for potential buyers,” said Daniel Sosa, a mortgage expert at Central Valley Mortgage Group. “This is a great opportunity for homeowners who have been waiting to make a move to find their dream home.”
Another lender, Charles McCulloch from McCulloch Mortgage Team in Waco Texas, echoed this sentiment, stating, “With inventory levels on the rise, now is the time for homeowners to capitalize on the market conditions. Interest rates are still favorable, making it an ideal time to make a move.”
Sweet Lou Schornstein, a mortgage professional at Prime Time Lending in Springfield New Jersey, added, “The current market conditions present a unique opportunity for homeowners to sell their current property and upgrade to a larger home or a more desirable location. It’s important for homeowners to act quickly and take advantage of the increased inventory before it levels off.”
With inventory levels continuing to rise, homeowners are encouraged to consult with a mortgage professional to explore their options and make the most of the current market conditions.
#Mortgage Experts Encourage Homeowners to Seize Opportunity Amid Rising Inventory
Lodi, CA – July 2, 2024 (USANews.com) – As the real estate market continues to show signs of recovery, mortgage experts are urging homeowners to seize the opportunity presented by the rising inventory of single-family homes. According to Altos Research, active single-family inventory was up 1.8% week-over-week, marking a 30.7% increase from the February seasonal bottom and reaching the highest level since July 2020.
Top mortgage professionals are advising homeowners who are considering a move to act now and take advantage of the current uptick in activity. With more options available on the market, now is the perfect time for homeowners to make their next move.
“We are seeing a significant increase in inventory, which means more choices for potential buyers,” said Daniel Sosa, a mortgage expert at Central Valley Mortgage Group. “This is a great opportunity for homeowners who have been waiting to make a move to find their dream home.”
Another lender, Charles McCulloch from McCulloch Mortgage Team in Waco Texas, echoed this sentiment, stating, “With inventory levels on the rise, now is the time for homeowners to capitalize on the market conditions. Interest rates are still favorable, making it an ideal time to make a move.”
Sweet Lou Schornstein, a mortgage professional at Prime Time Lending in Springfield New Jersey, added, “The current market conditions present a unique opportunity for homeowners to sell their current property and upgrade to a larger home or a more desirable location. It’s important for homeowners to act quickly and take advantage of the increased inventory before it levels off.”
With inventory levels continuing to rise, homeowners are encouraged to consult with a mortgage professional to explore their options and make the most of the current market conditions.
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