Why does the real estate market seem dead in some places?
Why does the real estate market seem dead in some places? ๐ With a rapid rise in home values, about 60% of homeowners nationwide canโt afford to buy the homes they live in with their current incomes. Itโs such a staggering reality that calls for reflection. ๐ญHigher rates are a major player, keeping
Welcome to the Most Complicated Housing Market
ย Welcome to the most complicated housing market.More than 60% of homeowners with a mortgage have a rate below 4%.This is the primary reason given for why the housing market won't crumble, but costs have exploded, and wages have not kept up with inflation. It's not just about your mortgage payment.
๐ง๐ต๐ฒ ๐ฅ๐ฒ๐ฐ๐ฒ๐๐๐ถ๐ผ๐ป ๐ถ๐ ๐ฐ๐ผ๐บ๐ถ๐ป๐ด(๐๐ด๐ฎ๐ถ๐ป)
๐ง๐ต๐ฒ ๐ฅ๐ฒ๐ฐ๐ฒ๐๐๐ถ๐ผ๐ป ๐ถ๐ ๐ฐ๐ผ๐บ๐ถ๐ป๐ด(๐๐ด๐ฎ๐ถ๐ป).I'm seeing a restrictive and challenging environment for many months to come.Just when I thought it was a lock we'd see more sales volume this year, rates have exploded higher.And yes, we'll still see more sales this year most likely, but down
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