How Is The CORONAVIRUS Affecting Home Buying

How Is The CORONAVIRUS Affecting Home Buying

As this Coronavirus epidemic seems to be getting bigger and scarier, you’d think that the impact on the housing market would be a negative one, right? Wrong! Yesterday, the United States’ Federal Reserve voted to cut its benchmark interest rate by 50 basis points. What does this mean for you? LOWER INTEREST RATES ON HOME LOANS! The government decided that in order to avoid a decline in the housing market because of this Coronavirus epidemic, they would propose a cut in interest rates in order to incentivize the public to continue buying/selling homes. That means this is a GREAT time for you to buy a home if you’ve been thinking about it! This is also a great time to consider re-financing your home. Interest rates are the lowest they’ve been in years. Now is the time to jump on the bandwagon and use this to your advantage. If you have been thinking about buying a home in Northeast Florida including the Jacksonville, St. Augustine, Jacksonville Beach, Atlantic Beach, Neptune Beach, and St. Johns areas, I would love to help! Feel free to call, text, or email me anytime. I am happy to answer any questions you may have about interest rates and the process of buying or selling your home in Jacksonville. I also have multiple contacts for local lenders who are ready to help you navigate buying a home. The Life's a Beach House Team and I service all of Northeast Florida and would love to be YOUR local real estate expert!

Kayla Sheridan - REALTOR

Keller Williams Realty Atlantic 

4116 South 3rd St

Jacksonville Beach, Florida

(904) 486-8263 

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The Life’s a Beach House Team is here for all your Real Estate needs!! 



Kayla Sheridan Headshot
Phone: 904-486-8263
Dated: March 27th 2020
Views: 73
About Kayla: As a realtor, I understand that the process of buying or selling a home can seem stressful, but I wo...

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Location & Address

Keller Williams Realty
4116 South 3rd St
Jacksonville Beach, FL