Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

Mortgage Rates Price Homebuyers Out of Market

According to Redfin’s latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war rate since the beginning of the pandemic when the housing market nearly ground to a halt. That number is down from 63.5% a year earlier, and a …

The post Mortgage Rates Price Homebuyers Out of Market appeared first on theMReport.com.

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