With the attention on the holiday season, the month of December is generally a slow time in the real estate market. However, mortgage interest rates just dropped to the lowest levels since May. This is one of the biggest single day drops on record. The mortgage interest rate for a 30 year fixed is now in the high 6 percent range which is drastically lower than the recent 8 percent rates. This is going to benefit buyers and sellers.

Buyers who stay focused on their home search during the holiday season can take advantage of the lower rates and find opportunity as there are always sellers with a need or a desire to sell before the end of the year. Inventory remains low and updated homes that are priced correctly continue to sell quickly. If you are considering selling, let us show you how we can make you more money selling your home using our Compass Concierge Program. If you are considering buying a home, we can help you make an informed buying decision according to your long term goals. Read on for local events in December, real estate news, and discover lifestyle home tips. 
 

Click the link below for local events in December, real estate news, and discover lifestyle home tips.
 

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