
06/05/2025
🏡 Barbara Corcoran Says “We have so much hesitation in the market, and it's giving us an opportunity for buyers to make a good deal." * She’s right, and at THE LEONARDO GROUP, we’re seeing it firsthand.
We’re officially in a buyer’s market. There are more sellers than serious buyers for the first time since 2013—and that means opportunity.
AT THE LEONARDO GROUP, we’re seeing smart buyers secure:
• Seller-paid rate buydowns;
• Closing cost credits;
• Repair allowances;
• And fewer bidding wars
Even on a $1M home, the difference between 7% and 6% rates could be just around $526/month**. Waiting for rates to fall may save a bit, but prices may rise, and concessions will disappear.
Barbara Corcoran put it best: “The minute interest rates start to drop, the competition is going to be back full force.”
Act now while the leverage is on your side.
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* Read full Article here: https://apple.news/A-VZvuTN7RE-hVcAFOjusNA
** Disclosure: Monthly mortgage estimates shown are for illustrative purposes only and based on general assumptions (e.g., $1M price, 20% down, 1.25% taxes, no HOA, 30-year fixed at 6%–7%). Actual rates and payments will vary by lender, credit profile, property type, and location. This is not a loan offer or financial advice. THE LEONARDO GROUP is not a lender. Buyers should consult a licensed mortgage professional for personalized terms.