Well it’s happened again! The Federal Reserve has lowered interest rates for the 3rd time in recent months and now interest rates are at a ridiculous low. So why are the Feds continuing to lower the rate? Well basically, since the housing market – especially the Huntington Beach real estate market and Orange County real estate market – is struggling, the Federal Reserve is hoping to entice more people to buy homes and thus spur economic growth.
And while we are hearing buzz words like “recession” being thrown around, now really is a great time to buy. Anyone thinking about buying a Huntington Beach home should definitely take advantage of the new, lower interest rates. There are lots of great homes for sale in the Huntington Beach real estate market and many are priced to sell. Plus, there are a lot of Orange County foreclosures that can really offer a lot of bang for your buck.
Now really is one of the best times to buy. If you have been thinking about taking the plunge and buying a Huntington Beach home, check out the current listings by visiting my Huntington Beach real estate website. If you have any questions, give me a call at 949-760-6515.
Realtor Deedee Sive
Huntington Beach Real Estate Specialist
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