A Window of Opportunity for Investors as Mortgage Rates Start to Fall

"we are seeing mortgage rates starting to come down a little bit uh there are signs that they may continue to come down by the end of the year and early into next year"

"if you're expecting you know 5% mortgage rate land like we're not going to be there you know probably anytime soon"

"the market certainly is um priced in almost 100% a rate cut in September"

"I don't think that Market has really priced in uh the cuts for next year so um certainly I think 100% uh capitalization of um of rate cuts for September uh not fully 100% for December and I I think very few for uh ear early next year"

"the spread between the 10 10year treasur uh and existing mortgage rates and that spread is at you know close to it's not all-time Highs but it's you know it's it's high right and so you know we could get some squeezing of that spread which would be welcome news certainly for um home buyers and and investors uh so even though the market may have priced in uh you know a lot you know of of the cuts that we may have this year uh you know that spread I think has room to uh to to to tighten a little bit"

"we are going to be approaching um you know the highest inventory level in a post-pandemic environment very soon if we're not already past that now you know you know real estate indicators are often lagged so it takes a little while to to figure out where we're at but um if we're not there now we will be there very very soon"

"it appears that the FED is going to grease this landing and not put the economy into a recession"

"the South uh is just about to the level of inventory that they were before the P pandemic they're they're they're getting there they're they're the closest um they're about 10 to 15% away from being back to pre-pandemic levels uh but in other areas uh like the the Midwest and the Northeast you know they're still about 40 to 45% below uh pre pre- pandemic levels so that's going to take a while for um yeah for for them to uh to to recover"

"as rates come down again they're going to take the stairs down like we talked about not the elevator um but there is a delay usually from when rates come down and when the rate decreases are capitalized back into prices... we may see a... more pronounced window as rates come down here over the next six months to a year well where they haven't fully capitalized in in into prices"

"it's it's looking like the investment uh environment is going to improve the climate is going to improve"