What an interest rate cut could mean for buyers in a wild housing market

The video discusses the potential for a rate cut in September and its implications for the housing market. It highlights the challenges faced in 2023 due to low inventory and high prices, and how a rate cut could shift the market in favor of buyers. Andrew Reyes, a real estate agent in Southern California, shares his strategies for renovating homes to attract first-time buyers. The video also explores how changes in mortgage rates could impact demand and prices.

What strategies does Andrew Reyes use to help first-time buyers?

What are the potential consequences of a sharp drop in mortgage rates?