Redondo Beach real estate, homes for sale have more open houses this summer than ever! There is a reason. I was at a conference and I heard that Agents are looking for Buyers!  With listings staying on the market longer, the expense of the listing really adds up. The buyer market is slim now as mortgage loans are for the few with 1099 stubs. The days of the stated income are rare right now.

When the news says the rates have come down. It doesn’t mean the consumer rates will fall. Call the mortgage lender of your choice today and check out the true interest rates. Then you will be ready to buy a home. It is the first time that interest rates and home prices have both been low. The prices will remain low for another year but will interest rates?

 

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