It’s still a seller’s housing market, but buyers aren’t completely shut out
Local residential real estate brokers say homebuyers should not focus on interest rates but instead focus on the benefits of homeownership.
There are 4 article(s) tagged Interest Rates:
Local residential real estate brokers say homebuyers should not focus on interest rates but instead focus on the benefits of homeownership.
Nationally, home sales notched their longest streak of declines in 23 years as sales dropped for a 10th consecutive month in November.
According to the Fed, overall labor market conditions remain tight, with contacts across the Eighth District reporting that workers remain scarce.
Interest rates on things like consumer debt are likely to rise following the Fed’s decision, which could put a strain on an economy already fighting decades-high inflation.
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