Spring Homebuying Season Shows Signs of Favorability for Buyers

Reported 4 days ago

The upcoming spring homebuying season is anticipated to be more advantageous for buyers, with slower home price increases, slightly easing mortgage rates, and a significant rise in home inventory. While conditions remain challenging for first-time buyers due to high prices and mortgage costs, many prospective homeowners may find they have more negotiating power this season, as listings surged and prices began to drop in numerous metropolitan areas.

Source: YAHOO

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