US Housing Market: Inventory and Mortgage Rates
- Seattle, Portland, San Francisco
- 2023/03/24
Mortgage rates are on the rise, and the housing market is becoming balanced across the US. Housing inventory has been falling due to ↑ investment and older Americans aging in place. Many owners with low-interest rates are hesitant to sell and buy new homes with higher rates. The influx of investors buying properties has contributed to a tighter market for homebuyers.
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