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Tag Archives: Clare Trapasso

October Home Prices Hold Steady

Amid a larger inventory drought and increasing mortgage rates, Realtor.com reported that October home prices held steady from the previous month. But is the number of homes actively for sale following suit?

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Low Inventory Hampering Would-be Buyers’ Housing Choices

"A lack of new sellers and homes for sale continues to limit buyers' choices and home sales. Many home sellers are likely future buyers too, which may be why a majority of would-be sellers report feeling 'locked in' to their current home because of a low mortgage rate, especially younger homeowners," said Danielle Hale, Chief Economist for Realtor.com.

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