1. What This Means for Buyers
   

For buyers sitting on the sidelines, this could be a turning point:

• Lower borrowing costs – Even modest declines in mortgage rates can improve monthly affordability and purchasing power.
• More inventory opportunities – Some sellers may re-list homes, expecting stronger buyer demand.
• Refinance potential – Buyers who purchase now at slightly higher rates may soon have the option to refinance if cuts materialize. If you are searching homes in the keys Register to this link below and view the entire Florida Keys MLS listings in your price range www.SearchFloridaKeysHomes.com Thank you ?? Lela 305-395-0814, Lela@Cbschmitt.com, Coldwell Banker Schmitt 

?? So many people put their buying plans on hold when homes were selling faster than the speed of light. They didn’t want to deal with the intensity, the stress, or the constant bidding wars. Now may be the moment to re-enter the market with less pressure and more negotiating power. If that’s you, don’t wait—call me today, and let’s position you ahead of the crowd. ?? 305-395-0814

Big news from the Federal Reserve: At the Jackson Hole Economic Symposium last week, Chair Jerome Powell signaled that interest rate cuts may be coming as soon as the September 16–17 Fed meeting. This is the strongest hint yet that borrowing costs could begin easing—and it has important implications for both buyers and sellers in today’s market.

For Buyers: Lower borrowing costs can improve affordability, acting early has advantages before competition drives prices higher, and today’s purchase could be refinanced later into a lower rate.

For Sellers: More motivated buyers will re-enter the market, rising demand can help support pricing, and listing as rates begin to dip can capture renewed activity.

Bottom Line: Powell’s remarks signal a clear pivot from the Fed. For buyers, this may be the moment to step in before competition heats up. For sellers, it may create the stronger demand you’ve been waiting for.

If you’re wondering how this shift could affect your buying or selling plans, let’s connect—I’d be happy to walk you through your options.

Warm regards,

Lela Ashkarian, PA, ABR, CRS, CREN, GRI, e-PRO, C2X, SFR

Senior Buyer & Listing Agent | Coldwell Banker Schmitt Real Estate

?? 305-395-0814 | ?? lela@CbSchmitt.com