Future of Housing: Rate Cuts and Buyer Behavior

Real Estate Morning Drive

Ever wondered how a historic building transformation could revitalize a community? Join us as we explore the incredible renovation of our headquarters by Gary Gentry, turning an old eyesore into the vibrant Gentry Music. We also dive into the buzz surrounding the upcoming September rate cut and its likely effects on the real estate market in Southern Utah, particularly St. George and Cedar City. Understand how increased buyer demand, faster sales cycles, and more bidding wars could reshape the landscape, and reflect on what interest rate would make you consider a move.
From the staggering peak of 18.63% in 1981 to the historic lows under 5% that lasted for over a decade, we offer a detailed look at these trends to help you navigate the current market more effectively. Plus, learn about our successful email marketing campaign that reached over 10,000 clients and the strategies behind its success.
Can the right mortgage rate change everything? Find out as we dissect the dynamics of mortgage rates over the past decade and their profound influence on buyer expectations. Experience the housing market boom in St. George, Utah, and consider the potential impacts of future rate cuts. We share a nostalgic and creative story about using a bus tour to explore foreclosed properties, providing unique real estate marketing insights.
Have other questions about living in, moving to, or visiting St. George and Southern Utah? Just ask!
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🌟 Who? Jeremy Larkin was born and raised in St. George, Utah and is the owner of The Larkin Group Real Estate Advisors.
📍 Where? Washington and Iron County, Utah, including, but not limited to St. George, Washington City, Ivins, Santa Clara, Hurricane, LaVerkin, Toquerville, Cedar City and Parowan.
💈 What? Jeremy and his team of expert advisors at The Larkin Group walk the best clients in the world through the brain surgery of Buying, Selling and Investing Southern Utah Real Estate! And perhaps more importantly, they LOVE this community and pouring their heart and soul into it!
📻 Tune in! Jeremy is the host of The "St. George Real Estate Morning" Drive radio show 94.9 FM / 890 AM. You can stream the weekly program Thursdays at 8:35 AM here: https://tinyurl.com/radiorealestate
🙏 Give: The St. George Basket Brigade feeds 200+ families every Thanksgiving and supports local families, students and schools through organizations like Tan's Treats. Learn more and give at http://stgeorgebasketbrigade.org/
🔍 SEARCH ALL HOMES AND LAND in Washington County https://www.gostgeorge.com/
🔗 CHECK YOUR CURRENT HOME EQUITY @ https://www.gostgeorge.com/homevalue
#RealEstate #CommunityRevitalization #MortgageRates #VALoans #HousingMarket #InterestRates #saintgeorgeutah #southernutah
[00:00:00] Intro.
[00:00:13] Real Estate News and Interest Rates.
[00:06:00] Interest Rates and Real Estate Trends.
[00:10:00] Real Estate Market Trends Analysis.
[00:22:49] Rate Cut Speculation in Real Estate.