What does the new normal for first-time homebuyers look like?
Housing Wire
SEPTEMBER 21, 2022
Buyers and sellers alike have now anchored their expectation of “normal” to sub-3% mortgage rates, multiple-offer bidding wars, and double-digit annual price growth. So, if this time it’s different, what are the forces that will drive the housing market forward or hold it back? The tailwinds.
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