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Home Buyers And Seller Trends For 2019

Posted by jessica william on 2018-12-24 10:35:19

As a result of this higher mortgage rates, buyers are less enthusiastic about buying that has resulted in a decrease of buyers who are willing. While this may not seem a big concern, if you compare it to the effect lack of buyers has on sellers, you will understand the bigger picture.

Lack of buyers means lack of sellers which results in higher prices of properties. Get it? It’s all about the demand and supply here. Since Real Estate Agents in Milford buyers are not willing to pay the higher mortgage, they are being more cautious about their decision to purchase which is leading to sellers upping the prices on their properties.

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