Where Are All The Homes for Sale?
Many economists expected higher mortgage rates to cause home inventory to balloon. So where are all the "for sale" signs this year?
The reality is, many would-be sellers are reluctant to trade in their existing mortgage rate for a higher one.
However, some sellers are actually benefiting from high mortgage rates — because a lack of competition is giving them the upper hand.
If you plan to buy or sell a home, we can help you chart the best course depending on your circumstances. Reach out to schedule a free consultation.
UPPER CAPE REALTY - 508-759-2121