Believe it or not the Federal Reserve has done it again. That’s right – they lowered interest rates for a second time on just two weeks. And this time the cut was another .5 point – bringing the total cuts to 1.25 points. This is huge! Not only for buyers in the Laguna Niguel real estate market, but also for sellers.
If you weren’t persuaded by the first interest rate cut to start shopping for a home or to get your house on the market, this second cut should be just what you needed to make you jump off the fence and start shopping for an experienced Laguna Niguel realtor.
Sellers – the spring is historically busier here in Orange County and even though we are in a slow market, this time of year is still a good time to catch a lot of buyers. And with the interest rate cut, more buyers then expected will be joining the market.
Buyers – ACT NOW! The Federal Reserve will most likely not raise the interest rates back for a little while, but you just never know what will happen. Interest rates are really good right now, and with the market still slow, you can get a great deal.
If you want more information on how the interest rate cuts can help you as a buyer or seller in the Laguna Niguel real estate market, shoot me an email at Hugh@HughKice.com.
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