John Cornish - Mortgage Lender (+1-563-214-1539) has released a new video explaining the window of opportunity for buyers in Davenport.
—
In the new YouTube video, John argues that over the next three to six months, buyers will have better-value deals on homes in the local area than they will see over the next five years - based on predicted interest rate trends and buyer behavior.
More information can be found at https://www.youtube.com/watch?v=0Y-HeP7HKko&themeRefresh=1
John notes that rates have continued to climb over the last 18 months, causing buyers to hibernate - meaning they will wait for a few months before re-entering the market. This could lead to a situation where the opposite of the 2008 housing crash occurs, driven by a lack of inventory.
The video explains that this uneven supply and demand will lead to value increases over the next five years, and with demand outpacing supply, the market conditions are poised to favor sellers - making it an opportune time for buyers to act.
Figures from March 2024 show that Davenport home prices climbed 8.5% year-over-year, with the median sale price reaching $160,000. The limited inventory moved swiftly, as properties sold within an average of just 11 days - a stark contrast to the 26-day timeline observed a year earlier.
Additional details are provided at https://www.redfin.com/city/4908/IA/Davenport/housing-market
Buyers can work with John to access a wide range of lenders, and in a market where interest rates are fluctuating, this can increase the chances of finding the most favorable mortgage rates.
John has 21 years of lending experience, and over the last 10 years has accumulated 560 five-star reviews while assisting 2,300 families in getting the mortgage they need to buy or refinance their homes.
John states: "The best time to buy a house is when you’re ready. The numbers need to make sense - that means the interest rate, sale price, downpayment, and monthly payment all work out in your favor. Don’t take that to mean there will be this magical moment when all the stars align. It just means, when you find a house you love, we’ll do everything we can to make your monthly payment work for it."
Interested parties can learn more at https://www.facebook.com/JohnCornishKeyMortgageGroup/posts/pfbid031e3ZmbTwV5WZ2Mub2W8d8TTSGwCKRSRQGF8m5opW75W2qEwdMBHP98hxnY3fjS9Ml
Contact Info:
Name: John Cornish
Email: Send Email
Organization: John Cornish - Mortgage Lender
Address: 5189 Utica Ridge Rd. , Davenport, IA 52807, United States
Website: https://www.qchomeloan.com/
Source: NewsNetwork
Release ID: 89129590
If you come across any problems, discrepancies, or concerns related to the content contained within this press release that necessitate action or if a press release requires takedown, we strongly encourage you to reach out without delay by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our committed team will be readily accessible round-the-clock to address your concerns within 8 hours and take appropriate actions to rectify identified issues or support with press release removals. Ensuring accurate and reliable information remains our unwavering commitment.
