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Low Interest Rates Handcuffing Homeowner's Ability to Sell - Market Stalls - Housing Bubble 2.0
Low Interest Rates Handcuffing Homeowner's Ability to Sell - Market Stalls - Housing Bubble 2.0
According to some recent reports, todays Homeowners are essentially "handcuffed" by their lower mortgage interest rate. They want to sell, however if they purchase a another property after their sale, the run the risk of obtaining a much higher mortgage rate for their next loan. Homeowners do want to get at their equity, but at what cost ? This phenomenon has stalled the US Housing Market by keeping the much needed inventory off the available Housing Market. We have also seen another decrease in median Home Price point, based on the most recent report from NAR.
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2023 and Beyond.
Today is May 18th 2023 and Randy will discuss the following topics:
Low Interest Rates Handcuffing Homeowners Ability to Sell
Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.
For a Free Trial click on the link below:
https://www.foreclosure.com/?rsp=3325
** Additional Medium **
Visit/Like/Follow my new FaceBook Page
Housing Bubble 2.0
@HousingBubble2
I will conduct live Q&A sessions and other Real Estate related discussions.
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Connect with me to find out more about how I can help you in Real Estate.
I offer:
Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments
I can be reached at:
Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com
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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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