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Message
re: Real Estate Market
Posted on 4/11/24 at 8:31 am to Mariner
Posted on 4/11/24 at 8:31 am to Mariner
Just entered the time of year that is typically the most active.
Buyers needed time to accept new normal on rates.
Some buyers were holding out to see if rates would drop. Confidence in that happening has dropped for multiple months. Staying flat is now the leading prediction.
Sell prices stabilized some and not going up as fast. Although I have seen them start to rise again in the past month or so. But sell prices are very regional, so that may be different where you live.
Buyers needed time to accept new normal on rates.
Some buyers were holding out to see if rates would drop. Confidence in that happening has dropped for multiple months. Staying flat is now the leading prediction.
Sell prices stabilized some and not going up as fast. Although I have seen them start to rise again in the past month or so. But sell prices are very regional, so that may be different where you live.
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