Low Home Inventory Boost Prices In March Despite Mortgage Rates

Low Home Inventory Boost Prices In March Despite Mortgage Rates

Home prices in March were boosted by inventory woes, despite higher mortgage rates and the Federal Reserve's decision to increase overnight rates by .25 and maintain them for the rest of the year. However, experts predict that the impact of rising mortgage rates may slow down the housing market in the coming months, as buyers become more cautious. Nonetheless, home prices continue to rise due to the limited supply of available homes. Catch us live at 10 am on Facebook,Youtube or LinkedIn and stay ahead of the game in this ever-changing market. Don't miss out on this opportunity to gain valuable insights and protect your property!

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Joseph Dionne
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Appli Home Loans
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Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale

00:00 Introduction
00:10 This weeks topics
00:51 Fed rate increase
04:34 New Listings down over 22%
07:32 Orlando Active Listing Down
08:44 Orlando Weekly Housing Numbers

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Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.

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