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Mortgage rates have dropped significantly, with 30-year fixed rates now in the 5.50% to 6.50% range, ahead of the Fed’s expected rate cuts in September. If you’re considering a move, now could be the perfect time to secure a lower rate.
In July 2024, the Conejo Valley real estate market continues to thrive, with the median sales price in Thousand Oaks holding steady at $1.40M. Active listings have increased slightly to 303, but inventory remains low in this competitive Sellers’ market.
The recent National Association of REALTORS® settlement has introduced new real estate rules that are changing the home buying and selling experience.
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Summit Financial Network’s diverse portfolio of businesses aids our clientele in purchasing, marketing, investing in, financing, refinancing, and managing properties. We’ve been a reliable name in real estate advisory since 1992, assisting over 2,500 community members in reaching their property ownership dreams. We stand apart as an experienced team of real estate professionals, not a traditional bank or another real estate agent. We’re a dedicated team of property investment strategists at your service.