Home Prices Still High, Buyers Stay Away

Despite favorable conditions, homebuyers are struggling to capitalize on the surge in buyers markets due to soaring home prices and interest rates. With mortgage rates near record lows and more cities becoming buyers markets, potential buyers are still priced out, leading to a decline in active buyers and a potential third year of near-30-year low home sales.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.