A lot of buyers think rates dropping from the low 6s into the upper 5s would dramatically change their monthly payment. But the math tells another story. On a $500k loan, the difference between getting a 6.1% and 5.9% mortgage rate is only about $64 a month. Not $300. Not $500. Only $60. That’s not the massive swing many buyers imagine when they say they’re “waiting for the 5s.” If you’re holding out for a lower rate, my advice is to double check the math. Because rates have already come down significantly from just one year ago. And you may not need to wait any longer. The numbers could already work better than you expect. #MortgageRates #HomeAffordability Shayna Reavis | REALTOR ® 📞| 804.928.2700 💻| www.ShaynaReavis.com ✉️| Info@ShaynaReavis.com Licensed Real Estate Agent in Virginia and Florida Icon Realty Group, VA Aston Rose SE, FL #VirginiaRealEstate #FloridaRealEstate #RealEstate #RealEstateTips

Should You Wait for Lower Rates? If you’ve been sitting on the sidelines waiting for that magic number for rates, that strategy may not pay off as much as you’d expect. Let's connect so you can double check the math at your price point. You may realize payments are already within your range. #MortgageRates #HomeAffordability Shayna Reavis | REALTOR ® 📞| 804.928.2700 💻| www.ShaynaReavis.com ✉️| Info@ShaynaReavis.com Licensed Real Estate Agent in Virginia and Florida Icon Realty Group, VA Aston Rose SE, FL #VirginiaRealEstate #FloridaRealEstate #RealEstate #RealEstateTips

Homebuilders are in deal mode right now. Here’s why. There are more new builds on the market than usual. Now, this doesn’t mean builders are overbuilding. But it does mean they're motivated to sell their current inventory before they build more – and that’s good for buyers like you. It’s why the majority are offering incentives like rate buydowns, closing cost credits, and free upgrades. And roughly one-third are even cutting prices. The opportunity to get a good deal is there. You just need a partner to help you make the most of it. DM me if you want to know which builders are offering the best incentives in our area. #NewConstruction #Homebuilders Shayna Reavis | REALTOR ® 📞| 804.928.2700 💻| www.ShaynaReavis.com ✉️| Info@ShaynaReavis.com Licensed Real Estate Agent in Virginia and Florida Icon Realty Group, VA Aston Rose SE, FL #VirginiaRealEstate #FloridaRealEstate #RealEstate #RealEstateTips