Tampa mortgage rates are staying high and home prices will keep rising, not fall. Waiting for a market crash could cost you. There are still ways to get a good deal if you know the right moves.
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Wondering what's in store for the housing market for the rest of the year? Specifically, if rates or prices will ever come down? The latest forecast suggests we're in for more of the same. As long as inflation and uncertainty are high, mortgage rates are expected to stay fairly close to where they've been. At the same time, home prices will likely rise at about the same pace we're seeing today, Not fall. Now, I know that's not what you want to hear, but it's what's most likely at this point. And I'm always going to be honest with you. But it doesn't mean all hope is lost. There are things you can do to help you get the best deal possible today, even with the rates and prices where they're at. I'd be happy to walk you through what's working for other people here in the Tampa Bay area. Just DM me, because your life and your move shouldn't have to stay on the back burner indefinitely.