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A growing number of homeowners say no rate would make them sell, making it even harder for buyers to find homes.
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6 Ways To Get Around the Real Estate ‘Lock-In Effect’ and Buy a HomeHowever, while there may be lower-than-usual inventory, this effect doesn’t mean there’s no hope of buying a home. Real estate experts suggest some workarounds.
Have you been putting off buying a home because of high interest rates? You're not alone. It’s been dubbed the lock-in effect.
New homes account for 28% of all homes for sale, but this share dropped in Q3 2024 as more sellers put their existing homes on the market.
Breaking the lock-in effect Supply has been another key factor contributing to housing market difficulties: Homeowners who locked in ultra-low pandemic-era mortgage rates were less willing to sell ...
The infamous "lock-in" effect that's restricting home supply may be going away next year. Realtor.com's chief economist expects more homeowners to list their homes for sale in 2025. High levels of ...
How far would mortgage rates need to fall for you to consider buying – or selling – a home this year?
Home sellers now outnumber homebuyers by nearly half a million as the value of listings hit a record combined $700 billion, showing that conditions favor buyers despite continued home ...
If you're buying a smart lock, it needs to meet your home's core feature and security requirements. Read on to see the five things to look for before deciding on a model.
How far would mortgage rates need to fall for you to consider buying – or selling – a home this year?
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