A new construction a couple of blocks away from me has been listed on Zillow for 213 days. The house is beautiful. The only thing wrong with it is when it was listed. This home would have sold for asking or above if it had been built twelve months earlier.
The mortgage market has had a heck of a transformation over the past year. From 2014 through 2021, the average 30-year mortgage was 3.8%. It recently hit 7%.
The mortgage market has had a heck of a transformation over the past year. From 2014 through 2021, the average 30-year mortgage was 3.8%. It recently hit 7%.
Like ever…
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