At long last, the Fed is slashing interest rates. Is it time to buy a home in the Bay Area?

At long last, the Fed is slashing interest rates. Is it time to buy a home in the Bay Area?

a month ago
Anonymous $genLyrxdTY

https://www.siliconvalley.com/2024/09/18/fed-slashing-interest-rates-buy-home-bay-area-now/

The news many prospective homebuyers have been waiting for has finally arrived: the Federal Reserve is slashing interest rates.

Does that mean Bay Area house hunters should fire up Zillow in anticipation of scoring a deal on a mortgage? Not quite yet, local real estate experts say.