ROXBOROUGH'S 24 ACRES SITE SECURED! UNAVAILABLE TO DEVELOPERS!

National Association of Realtors Offers White House Solutions to Fix Inventory Crisis

November 29, 2022

Being a Real Estate Professional, Challenging Markets

By: Melissa Dittmann Tracey

REALTORS® encourage the Biden administration to keep housing supply, affordability at the top of its legislative agenda.

Neil returns as TOP 100 Agent,

Seven Star Award Winner!

What's Happening with Prices Today?! Everyone is anxious.

WILL MORTGAGE RATES CONTINUE TO CLIMB?

The rates jumped to 6% in June, but have fluctuated since then around 5.5%. Prior to the pandemic, rates were around 4.5%.

WHEN WILL PRICES COME DOWN?

There are small subsets of the market where prices have fallen, but generally speaking, prices have continued to rise, though at a slower pace. See the chart below from Corelogic:

Today’s average Real Estate Agent is earning peanuts.

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