Last week, the Federal Reserve announced a 0.25% cut to interest rates, the first reduction in 2025. While this may sound like a small change, it can have a real impact on today’s housing market—especially if you’re considering selling your home.
This week, the Federal Reserve is widely expected to lower interest rates. Understandably, many homebuyers and sellers are watching this closely and wondering how it will affect the housing market. But before you get too excited (or too worried), let’s clear up one of the most common misconceptions in real estate: the Fed does not directly set mortgage rates.
It’s natural to think that waiting for lower interest rates will bring a wave of eager buyers and higher offers for your home. After all, if rates drop, buyers can afford more—so shouldn’t you wait until then to sell?
The truth might surprise you.
You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary.
But here’s what you need to remember: a lot of what you see online is designed to get clicks. So, you may not be getting the full story. A closer look at the data and a little expert insight can change your perspective completely.
When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and how to avoid it happening to you.
