If Rates Are Low Why Are Home Prices Rising?
Pro Builder
OCTOBER 19, 2020
Mon, 10/19/2020 - 12:32. The combination of what could be the lowest mortgage rates of our lifetimes, a paucity of inventory, and a desperate rush of buyers has resulted in median home list prices hitting new records. If a buyer wants to win the bid on a home, they have to offer above asking price.". Prices were 12.2%
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