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| User name: | brimurvnxl |
| Website: | http://www.timesharestopper.com/blog/is-wesley-financial-group-llc-legitimate/ |
| Bio: | <p class="p__0">High purchaser demand and still-lagging supply will keep rates growing, but at a slower speed than 2020 as purchasers contend with home mortgage rate and rate increases that produce affordability challenges. While more youthful Millennial and Gen-Z buyers are expected to play a growing role in the real estate market, fast-rising rates will create a bigger barrier to entry for the many novice purchasers in these generations who do not have existing house equity to tap for down payment savings. Although supply is anticipated to lag, we do anticipate the declines to slow and potentially come by the end of the year as sellers grow more comfy with the market environment and new construction gets.</p>
<p class="p__1">On the whole, the market will stay seller-friendly, however buyers will still have fairly low mortgage rates and an eventually improving choice of homes for sale. With house contractor confidence near record highs, we expect ongoing gains for single-family building, albeit at a lower development rate than in 2019. Some slowing of new house sales growth will take place due to the fact that a growing share of sales has actually come from homes that have not begun building and construction. However, purchaser traffic will remain strong given beneficial demographics, a moving geography of housing demand to lower-density markets and historically low rate of interest.</p> |
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