Latest / Connor with Honor: AI, Real Estate and Real Life
Buying a home in July maybe cost a buyer more money out of pocket, but home sellers may find it less expensive to Sell their in July of 2024
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🏡📺 **Real Estate Insights from Connor with Honor, Your Santa Clarita Realtor!** 📺🏡
🔥 **Video 1: The Cost of Homebuying in America** 🔥
In today's competitive real estate market, buying a home is more expensive than ever. Let's dive into the details:
📈 **Rising Mortgage Rates:** The average interest rate on a fixed 30-year home loan has surged to **7.1%**, the highest in years. This, combined with soaring home prices, has pushed the median mortgage payment to a record **$2,843** per month. Buyers are feeling the pinch!
🏠 **Record Home Prices:** The…
The skinny
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