Expectations for 2023 in Seattle/King County Real Estate
Will Springer Realtor
DECEMBER 13, 2022
This year’s steep rise in mortgage rates – and monthly borrowing costs – put a major dent in the hopes and dreams of lower- and middle-income buyers. For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% or lower – as low as 2.77%, according to Freddie Mac. Housing demand significantly cooled, first in U.S.
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