December 31, 2023
The housing market is dynamic, with shifts in supply and demand constantly influencing sale prices. To explore these trends, let’s delve into a recent study examining home sales over and under list prices for the past decade.
December 2, 2023
The overall home market has declined for four straight years. This slump is largely due to higher mortgage rates, which have topped 7%. Sellers, that have locked in with rates lower than 4%, are content to stay put, while buyers have been priced out of the price range they have been considering.
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