Street Talk: Why Falling Rates Are Stirring Up Buyer Activity

Street Talk: Why Falling Rates Are Stirring Up Buyer Activity

It’s been an eventful few weeks in the real estate world—and the latest episode of Street Talk dives right into it. Host Chris Davies sat down with industry insider Carmen Crispeno and the panel to talk about what’s driving today’s market, how buyers are responding, and why the Fed’s next moves could make a big impact.

Rates at an 11-Month Low

After a year of volatility, mortgage rates have dipped to their lowest levels in 11 months. Even a half-point drop has been enough to reignite activity, with buyers returning to the market and multiple-offer situations resurfacing. Refinance applications are also on the rise—up 12% from last year.

“Just in the past 10 days, I’ve seen buyer activity spike,” Carmen shared. “Homes that had been sitting suddenly have multiple offers again. That’s the power of even a small shift in rates.”

The Fed Factor

Looking ahead, all eyes are on the Federal Reserve. While a rate cut is widely expected, the panel discussed how the market reacts not only to the Fed’s decision but also to the broader economic signals—like the recent revisions to job numbers.

“There’s still opportunity,” Carmen noted. “Even with increased competition, buyers today have more inventory to choose from than a year ago. It’s a good time to negotiate, secure inspections, and lock in repairs before things heat up further.”

What It Means for Buyers and Sellers

The takeaway? The market feels like a 100-meter dash, with buyers crouched at the starting line, ready to sprint once the conditions are just right. Whether you’re planning to buy or sell, staying tuned to these shifts—and working with an experienced professional—can help you make your best move.

Want the full story? 🎙️Catch all the insights, predictions, and real-time market talk in the full episode of Street Talk.

👉 https://www.my-new-home.com/podcast/episode/8f9ab69e/knwn_streettalk_914