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Is Now The Time To Buy A House. Rising prices, falling affordability, and so on. But right now, homes that would normally be listed around $350,000 are being listed and sold for $450,000.
Mortgage rates have been at historic lows throughout the pandemic. These loan interest rates are a result of the federal funds rate cuts designed to keep interest rates low in uncertain times. It might seem like today’s housing market is all bad news:
From a market standpoint, there are some potential pros and cons to consider. Buy in april for more options. It might seem like today’s housing market is all bad news: It’s likely that home prices will continue their upward climb in 2021, though it looks like it may be at a slower pace than in previous years.