Want to know why the housing market is so competitive? Look at this one metric

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Finding a home to buy is incredibly difficult these days — and one major shift is driving the national housing supply shortage.

If you’ve thought about buying a home in recent months, you’ve likely encountered a dismaying landscape: There are tons of buyers in the housing market, but hardly any properties available for sale.

A new report from real-estate brokerage Redfin RDFN sheds light on one factor that’s fueling the national housing-supply crunch. The takeaway: Homeowners across the U.S. aren’t moving as often as they used to. “Homeowner tenure may have already peaked, or the decline in 2021 could be a blip before it climbs back up,” Redfin chief economist Daryl Fairweather said in the report.

Other trends, though, may counteract the potential benefits of the pandemic-fueled interest in migration. Rising mortgage rates may prompt some families, who would otherwise buy a new home and sell their current one, to stay put. That’s because the higher interest payments might begin to counteract the savings they could see from moving to a cheaper area.Plus, homeowners on average are getting older — a trend that predates COVID-19.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

It's not hard if you got the money

Rаtе mу bооbs😘😘😘

Hey, millions of criminal aliens from the south need a place to live, right?

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT

Portugal Últimas Notícias, Portugal Manchetes