Hope Leitner, Realtor®, CRS

    June 2024   Welcome to a curated selection of the latest real estate insights—handpicked just for you. As your dedicated agent for life, I believe in empowering you with the knowledge you need to navigate the world of homeownership with confidence. Sit back and absorb the compelling narratives that await in this issue.   Whenever you find yourself pondering the next steps in your real estate journey, remember that I am only a conversation away. My commitment to you, your family, and friends is unwavering, and I'm ready to assist with tailored, strategic advice whenever you need it.     Your Forever Agent,    Hope Leitner, CRS,  CalDRE #01874321   Hope Opens Doors Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates 3790 Via de la Valle, Suite 201, Del Mar, CA 92014 Cell: (858) 382-3763 Website: HopeLeitner.com Email Hope   Home Prices Aren’t Declining, But Headlines Might Make You Think They Are If you’ve seen the news lately about home sellers

  Why Mortgage Rates Could Continue To Decline When you read about the  housing market , you’ll probably come across some information about inflation or recent decisions made by the  Federal Reserve  (the Fed). But how do those two things  impact you  and your homebuying plans? Here's what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary goals is to lower inflation. In order to do that, they started raising the Federal Funds Rate to slow down the economy. Even though this doesn’t directly dictate what happens with  mortgage rates , it does have an impact. Recently inflation has started to cool, a signal those increases worked and are bringing inflation back down. As a result,  the Fed’s hikes  have gotten smaller and less frequent. In fact, there haven’t been any increases since July ( see graph below ): And not only has the Fed decided not to raise the Federal Funds Rate the last three times the committee met, they’ve signaled there may actually