We just wanted to keep you up to date on what we are seeing in the real estate market right now. As you know, interest rates had soared to nearly 6% from the 4.25% we had end of March and from the 2.5% we enjoyed at end of 2021 and I am sure you heard about the fed raising a key interest rate https://www.cnbc.com/2022/07/27/fed-decision-july-2022-.html and surprisingly rates have settled back down near 4.75% since that announcement giving buyers a little more buying power than they had just recently.
There is obviously a lot more going on, so if you want to talk about the market privately and in more depth, feel free to e-mail us any time at email@example.com or firstname.lastname@example.org
Chris and Andrea Murray 951-383-7557
RE/MAX Empire Properties – Broker/Owners – DRE#s 01339816 | 01474696
24663 Monroe Ave B101, Murrieta, CA 92562