Wishing everyone a happy and healthy New Year! May 2024 be a year filled with abundant blessings. To kick off the year, explore my January events calendar linked below, curated with cultural events, wellness programs, and outdoor adventures. Here's to accomplishing your resolutions and embracing new experiences in the year ahead!
After enjoying a lovely holiday season, it's time to put away the holiday decorations and get back to business. 2024 brings a positive outlook for the housing market after a year of high interest rates and home prices. Mortgage rates, which peaked at 8% in October, fell below 7% for the first time since August, this decline is favorable news for potential home buyers. It's projected that the Fed will make three interest rates adjustments in 2024, and in the first quarter we may see interest rates in the 6% range.
Many are keen to resume their home search in Santa Barbara this January. I've consulted my sources, and I anticipate inventory to increase at the start of the year. The current market invites strategic opportunities for both buyers and sellers, underscoring the value of nuanced expertise. Don't hesitate to reach out whether you're curious about the market status or considering selling or buying this year.
Let's start the discussion about navigating the current market and creating a winning strategy for you. I offer a wide range of resources, whether you need an agent in another town, a local lender, or an insurance agent.
