The economy is in a recession? 30-year mortgage rates near 6%? Doesn’t matter — some home buyers are still planning to buy a home in the next six months, according to a new survey.
With rising inventory levels, and options available in smaller, more rural markets, “this fall could bring relatively better chances to find a home within budget,” she added. But the market’s also made of buyers who are very spooked by the current conditions. The share of buyers who say they’re a lot less likely to buy now amid a recession rose from 5% last year to 6.5% this year.
— Realtor.com report “The share of buyers who report being overbid on a home has decreased as the market has begun to correct itself,” Realtor.com said.But it’s still a slog to buy a home for some.
Try to buy a house in Naples Florida 🤔
Its definitely not the right time to be buying a house
We are working to help make housing more affordable! Just launched a crowdfunding campaign to start helping in additional states. letsmakehousingaffordableagain Legal disclosure/
😂😂 Interest rates and inflation will…
“Said” … think*
But the 6% interest rate will