As mortgage rates continue to rise, industry experts are forecasting a potential increase in weekly active inventory by a significant margin. This anticipated growth in the market is expected to have a direct correlation with the fluctuation of mortgage rates, presenting new opportunities for both buyers and sellers in the housing market. The projected range of growth in weekly active inventory, estimated to be between 11,000 to 17,000 on some weeks, highlights the potential impact of higher mortgage rates on the overall real estate landscape.
Key points:
– Higher mortgage rates
– Forecasted increase in weekly active inventory
– Potential growth range of 11,000 to 17,000 on some weeks
– Opportunities for buyers and sellers
– Direct correlation between mortgage rates and market fluctuations
You can read this full article at: https://www.housingwire.com/articles/weekly-active-inventory-growth-still-too-slow/(subscription required)
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