Navigating the Volatile Housing Market
Should You Buy or Sell Now?
The housing market is always changing, and in recent years, it has become more unpredictable. This has left many potential buyers and sellers wondering whether it is the right time to move.
Factors Contributing to Housing Market Volatility
Several factors have contributed to the recent volatility in the housing market. These market conditions include:
- Rising interest rates: The Federal Reserve has raised interest rates to combat inflation. This has made mortgages more expensive, which has cooled demand for homes.
- Limited housing supply: The supply of homes for sale has been tight for several years. This is because of several