New Study Finds Seller’s Market May Shift in 2021
Realty Biz
MAY 20, 2021
Prices for new home construction are also up (21%) as home builders raised their prices due to demand and soaring costs of materials coupled with supply chain issues. Mortgage rates are low … for now. Record-low mortgage rates have hovered below 3% for a 30-year fixed-rate mortgage since October 2020, which is good for buyers.
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