- Low inventory, high mortgage rates, and high prices have created a difficult housing market.
- Homeowners have seen equity climb, but house hunters are having a hard time breaking into the market.
- Purchases by real estate investors plunged 45% in the second quarter compared to last year.
It’s a tough time to be navigating the US housing market.
Low inventory, high mortgage rates, and high prices have put the housing market into a state of unaffordability that’s weighing on house hunters, current homeowners, and even real estate investors.
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