The Federal Reserve is hitting the economy hard. Mortgage rates have now surpassed six percent, making it more difficult for buyers to afford a home. As a result, we may see a decrease in demand and an increase in inventory. This could lead to a slower market overall. It was only a matter of time before we began to see its impacts on the housing market.
The real estate market is constantly changing. So if you’re considering entering the housing market, you must keep up with the latest trends. I go over this and other information in the above video. I also include some other resourceful details below from my recent BLOG post.
If you have any questions or would like to schedule a quick phone call or you would like to have a market analysis on your home, use the link above.
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