“Home prices are still rising, but at a

“Home prices are still rising, but at a slower pace than this time last year. That cannot be said of mortgage rates, which are now on a straight trajectory up. The short supply of homes for sale shows little sign of improving, though, which is keeping prices high. At some point, however, higher mortgage rates will hit affordability and could trump that short supply in taking the heat out of home prices.”

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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