Are the Hottest Days of the Housing Market Behind Us?
Realty Biz
MAY 13, 2022
The combination of rising home prices and rising mortgage rates is putting a damper on buyer demand. Freddie Mac says that house prices rose 5% for the first quarter of this year and the National Association of Realtors (NAR) says prices on closed sales are up 6%. could afford a $225,000 mortgage at 2.8%.
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