08/26/2022
If youâre thinking about buying a home, you likely have a lot of factors on your mind. Youâre weighing your own needs against higher mortgage rates, todayâs home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, thereâs a reason serious buyers are making moves right now, and thatâs the growing number of homes for sale.
>>Whatâs Causing Housing Inventory To Grow?
As new data comes out, we're getting an updated picture of why housing supply is increasing so much this year. Basically, the inventory growth is primarily from homes staying on the market a bit longer (known as active listings). And thatâs happening because higher mortgage rates and home prices have helped moderate the peak frenzy of buyer demand.
>>Why This Growth Is Good News for You
Regardless of the source, the increase in available housing...
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If youâre thinking about buying a home, you likely have a lot of factors on your mind. Youâre weighing your own needs against higher mortgage rates, todayâs home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, thereâs a reason ser...