All-cash buyers buoy luxury housing market while mortgage rates sink everyone else

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

While high mortgage rates are keeping everyday Americans out of the housing market, wealthy buyers with means to buy multimillion-dollar homes in cash are doing just fine.

<p>SALT LAKE CITY — While high mortgage rates are keeping everyday working Americans out of the <a href="https://www.ksl.

1 million in the third quarter, while the median price of non-luxury homes climbed only 3.3% to $340,000. Both hit their highest level of any third quarter on record.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 549. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines