The real estate market has been on a tear for the past few years, but recent interest rate hikes from the Federal Reserve have some wondering if a cooldown is on the horizon.
The Fed raised interest rates in March and is expected to continue doing so throughout the year. This typically translates to higher mortgage rates, potentially making it more expensive for homebuyers to finance a purchase.
Impact on Market:
While higher rates might cool demand, it's not necessarily a recipe for a crash. Inventory levels are still historically low in many areas, which could prevent a significant drop in home prices.
Rising Rates, Cooling Market!!
Rising Rates, Cooling Market!!
Rising Rates, Cooling Market!!
The real estate market has been on a tear for the past few years, but recent interest rate hikes from the Federal Reserve have some wondering if a cooldown is on the horizon.
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Rising Rates:
The Fed raised interest rates in March and is expected to continue doing so throughout the year. This typically translates to higher mortgage rates, potentially making it more expensive for homebuyers to finance a purchase.
Impact on Market:
While higher rates might cool demand, it's not necessarily a recipe for a crash. Inventory levels are still historically low in many areas, which could prevent a significant drop in home prices.
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