2022 was marked by some unfamiliar territory in the residential real estate market. Most principally, mortgage interest rates increased from the low 3's in late 2021 to the mid 6's at the time of this writing. There is no way of sugar-coating how these numbers hinder many buyers' purchasing power. Broader macroeconomic factors such as …
Continue reading Residential Real Estate in 2023: Is There a “Standoff?”