Realtor.com: Home listings up, prices stabilizing

Realtor.com: Home Listings Up, Prices Stabilizing.

This article posted by Realtor.com is interesting, because for the first time, they are stating that 2/3 of existing residential mortgages are below 4%.
Past articles, including my comments, have stated this in general terms. For example, I've stated that anyone buying or refinancing at or before Covid are below 4-5%. Now we know its 2/3. A significant number.
So even though rates are coming down, now safely below 7%, and inventory rising, which are usually 2 ingredients for a healthy market, the fact that so many homeowners have mortgages rates that we will likely will not see for a very long time, if ever again.

you can read the Article here: Realtor.com

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Realtor.com: Home listings up, prices stabilizing