Housing Market Reality Check: How Rate Cuts and New Builds Affect Sellers
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Housing Market Reality Check: How Rate Cuts and New Builds Affect Sellers
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About this listen
Buddy Blake, a Wilmington real estate team leader, gives a candid market update covering the Federal Reserve rate cut, why mortgage rates may not drop as quickly, and how builders and new construction incentives are changing the resale market.
He breaks down regional price shifts, buyer behavior, and practical selling strategies—pricing competitively, marketing smart, and using tools like FHA/VA loan assumptions.
Blake urges homeowners to work with experienced agents, consider creative financing, and be prepared for continued market uncertainty while noting many sellers still hold significant tax-free equity.
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