California Real Estate Radio

Santa Clarita Real Estate Market Watch – Day 263-2024: The Fed Rate Cut and What It Means for Buyers and SellersIn today’s episode of Santa Clarita Real Estate Market Watch with Connor with Honor, we dive into a major update that’s got everyone talking—the Federal Reserve has just cut interest rates! But what does this mean for you as a homebuyer or seller in the Santa Clarita Valley? We break down the details of the Fed’s decision to lower the federal funds rate to 4.75-5.00% and explore how it impacts the local housing market.What You'll Learn:Understanding the Fed Rate: We’ll explain what the Federal Funds Rate actually is, how it works, and why it matters to the economy.Mortgage Rates vs. Fed Rates: Confused about the difference? We clarify how the Fed’s rate cut influences (but doesn’t directly control) mortgage rates, and what that means for your home-buying power.The Current Market in Santa Clarita: Get an inside look at the latest market trends, including new listings, price changes, and what’s h