LOWER RATES WERE SUPPOSED TO BRING HOMEBUYERS BACK THIS FALL. HERE’S WHY IT HASN’T HAPPENED.
https://s.yimg.com/ny/api/res/1.2/zl4MBPODhd5mhKUcUtZykg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NzI-/https://s.yimg.com/os/creatr-images/2019-03/84c83420-525d-11e9-836f-baeea8dc343c
✍️ The traditional spring homebuying season has disappointed, and the real estate market is still struggling despite lower mortgage rates and increased inventory.
👉 Mortgage rates are at 11-month lows, but still not low enough to motivate buyers 👉 Inventory is climbing, but prices are still too high for most buyers 👉 The market is in a stalemate, with buyers waiting for lower rates and sellers waiting for higher prices 👉 Real estate professionals are seeing a shift in power, with buyers gaining more control in some markets
-- #DarylFairweather #MarkStillings #MorganGuthrie #AbbySmith #ClaireBoston #SanAntonio #Texas #Northeast #Midwest #Boston #Massachusetts #Ohio #realestate
Loading quoted post…