Buying a home in July maybe cost a buyer more money out of pocket, but home sellers may find it less expensive to Sell their in July of 2024

Connor with Honor - Managing your real estate health in Santa Clarita, Los Angeles California, and beyond!

🏡📺 **Real Estate Insights from Connor with Honor, Your Santa Clarita Realtor!** 📺🏡
🔥 **Video 1: The Cost of Homebuying in America** 🔥
In today's competitive real estate market, buying a home is more expensive than ever. Let's dive into the details:
📈 **Rising Mortgage Rates:** The average interest rate on a fixed 30-year home loan has surged to **7.1%**, the highest in years. This, combined with soaring home prices, has pushed the median mortgage payment to a record **$2,843** per month. Buyers are feeling the pinch!
🏠 **Record Home Prices:** The median U.S. home sale price hit an all-time high of **$383,725** in April 2024. Sellers are getting top dollar, but buyers need to be strategic.
🌟 **Tips for Buyers:**
- **Larger Down Payments:** With rising rates, buyers are putting down more substantial down payments.
- **Higher Insurance Costs:** Homeowners insurance expenses are climbing, impacting affordability.
- **Navigating the Market:** First-time homebuyers face challenges, but it's still possible!
🔗 **Watch Video 1 Here:** [Cost of buying a home in America reaches a new high](https://www.youtube.com/watch?v=MuhT2sycrUE) ¹[6]
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🔥 **Video 2: Santa Clarita Real Estate Update - April 27, 2024** 🔥
Connor with Honor brings you the latest insights on the Santa Clarita Valley real estate market:
🏘️ **Active Homes for Sale:** Currently, there are **374 active homes** waiting for buyers like you. Explore your options from Castaic to Valencia!
🏡 **Buyer Tip:** Capitalize on choices! Be ready to act fast with pre-approved financing to snag your dream home.
🏢 **Seller Tip:** Price smartly! Set a competitive initial price to attract buyers and possibly spark bidding wars.
🌐 **Visit Connor with Honor:** For more insights and personalized assistance, visit [ConnorwithHonor.com]
🔗 **Watch Video 2 Here:** Santa Clarita real estate daily show with Connor with Honor ¹[6]
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Whether you're a buyer or seller, Connor with Honor has your back! Stay informed, explore the market, and make smart real estate decisions. 🏠🔑💙

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From first responder to real estate expert, Connor with Honor brings honesty and integrity to your Santa Clarita home buying or selling journey. Subscribe to my YouTube channel for valuable tips, local market trends, and a glimpse into the Santa Clarita lifestyle.
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