Tag Archives: inflationary concerns

Click through to read more of Robert Wyllie’s thoughts as an Assistant Professor of Political Science, and the thoughts of five other notably placed people on the current inflationary environment. p

After experiencing a near 5% monthly drop in pending October sales, NAR reported the near-20-year high in mortgage rates and expensive home prices forced many prospective buyers to the sidelines.

“Those still able to afford homeownership are quickly regaining lost leverage, but this shift to a more balanced market is still in its early stages," said Nicole Bachaud, Senior Economist at Zillow.

Inflationary concerns continue to blanket prospective buyers as new residential sales declined month-over-month in April.