Preferred Properties

Tag: Higher Interest Rates

Posted on 05/25/2022
The Housing Market Is Showing Signs of a Correction: What This Means for Buyers and Sellers
Cracks are beginning to appear in the red-hot housing market. Spiraling mortgage rates on top of record-high and still-rising home prices are leading many experts to predict the real estate market is on the verge of a correction—if it isn’t already in one. They anticipate home prices will flatten, or even go down a bit, in certain markets....
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