How Higher Mortgage Rates Are Affecting Home Prices in the Spring Buying Season
Friday, 15 March 2024, 13:55
Impact of Rising Mortgage Rates on Home Prices
A rise in the number of home listings with price cuts suggests a return to a more balanced dynamic between buyers and sellers. The spring homebuying season is seeing the effects of higher mortgage rates on home prices. With sellers needing to adjust their pricing strategies, buyers may find themselves with more negotiating power.
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