Rates droping a good thing?

[Zachary Stanley]

As all of us know the rates dropping for 2024 have had your average realtor and lender running to facebook to post about how great 2024 is going to be. 

I happen to be in the other boat... if you take the same amount of inventory then drop the rates its a recipe for another real estate frenzy.

If you pair the dropping of the rates and same amount of inventory with letting the population get used to 6-7% rates then drop them back in the 5's the market will be flooded with buyers again. 

The time to get your deals as investors is now not in the spring or summer of 2024. Thats why me and my investors have been buying the last year. If you can make something work now with current rates you can for sure make it work down the road. 

I say all of this knowing that you can find deals in ANY market... But I would love to know what you all are thinking. I would love opposing outlooks that yall may have. What do we think?