What Higher Mortgage Rates Mean for Home Sellers

Higher mortgage rates don’t just affect buyers. They can change what it takes to sell your house, too.
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Higher mortgage rates don’t just affect buyers. They can change what it takes to sell your house, too.

Today’s housing market splits into four distinct types. You’ve got cash buyers, buyers financing a purchase, owners who feel locked into a low rate, and builders with homes to sell.

If you’re trying to buy a home, affordability is probably what keeps you up at night.

Most people think a newly built home costs more than an existing one. But right now, that’s actually backwards.

Most people think a newly built home costs more than an existing one. But right now, that’s actually backwards.

Negotiations are back. More buyers are asking for better deals, and more sellers are giving them. Builders are throwing in extras, too.

You started shopping with a specific mental image of your future home in your mind. Then the houses in your budget came in smaller than you pictured.

You started shopping with a specific mental image of your future home in your mind. Then the houses in your budget came in smaller than you pictured.

If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.

At some point, a house that once felt perfect just… doesn’t anymore.