Housing Market Uncertainty Keeps Buyers on the Sidelines
TL;DR Summary
Bank of America predicts upcoming changes in the housing market, with improvements expected in inventory and prices, but buyer hesitation persists due to high mortgage rates and prices. Despite challenges, many prospective buyers, especially younger generations, remain optimistic and are finding creative ways to afford homes, anticipating better conditions in the near future.
Topics:business#2025-outlook#homebuyers#housing-affordability#housing-market#mortgage-rates#real-estate
- Bank of America predicts major housing market changes are coming soon TheStreet
- Would-be home buyers are staying on the sidelines Boise State Public Radio
- ‘Cloud of uncertainty’ keeping Waterloo Region homebuyers sidelined amid sluggish sales The Record
- Uncertainty Leads To Wait And See National Mortgage Professional
- Despite market shift toward buyers, they’re still backing away Inman
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