On the fence? You need to hear David Stevens, former President/CEO of the Mortgage Bankers Association, speak to @brian_buffini at the 2023 Bold Predictions mid-year update. Some of his key points:
- Huge wave of Millennial buyers hitting prime 1st-time buyer age
- Low inventory, but new home construction is up
- Rates Are Coming Down to 5.6% by the end of 2023
- Prices corrected, are increasing
So what’s a buyer to do? Get off the fence before rates drop, and everyone enters the market, driving bidding wars and price spikes. Refi when rates come down.
#tnrealtor #tnrealestate #nashville #smyrnaTN #murfreesboroTN #franklinTN #brentwoodtn #nashvillerealestate #buffini #buffiniandcompany #brianbuffini #itsagoodlife #referralagent #listwithlovett #lovettrealtor
