Reported about 21 hours ago
Pandemic-era homebuyers are encountering a challenging market as home prices stabilize and mortgage rates rise, making it harder to achieve profits on sales. Many buyers who entered the market during low interest rates are now forced to reconsider their investments, often facing losses or barely breaking even as they look to sell. Current market dynamics, influenced by slowed appreciation rates, reflect a return to longer ownership periods needed to realize profits, complicating decisions for sellers who rushed into the market initially.
Source: YAHOO