Of course as interest rates rise, most agree this will continue, we will see less demand as buyers qualify for smaller loans. We can expect home prices to start to decline but not for several months after buyer movement slows as sellers try to hang on to past gains in prices (aka "denial"). it's called "sticky prices". However don't expect the price declines to be a "popping bubble". There is still low inventory. For now!
0 Comments
|
#RealtorCrissiCrissi Avila will teach you how to buy smart. We’ll look at location, development, and turnover so you can spot opportunities long before most even start considering them. Categories
All
Archives
January 2020
|