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Buyer's Guide.pdf

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Preview of Buyer's Guide
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📊 Size: 1.31 MB
📄 Pages: 24 pages
⬇️ Downloads: 52

Summary

The current housing market is characterized by low supply of homes for sale, with about half of the typical six-month supply, leading to increased buyer competition and multiple offers. Mortgage rates, although still around 6-7%, are less volatile than last year, and may potentially drop if inflation continues to cool, increasing purchasing power. Home price declines have slowed, and prices are starting to rise again in 92% of major US markets, making it less likely that waiting for a price drop will be an effective strategy.

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Description

The current housing market is characterized by low supply of homes for sale, with about half of the typical six-month supply, leading to increased buyer...

Technical Information

  • File Format: PDF
  • File Size: 1.31 MB
  • Pages: 24
  • Language: EN
  • Total Downloads: 52
  • Last Updated: 1 week ago

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