There are three things on investors’ and agents’ minds right now: high interest rates, elevated home prices, and low inventory.
With mortgage rates approaching 8% and the median price for a home in the United States over $410,000 (up around 46% from $280,000 in 2020) as of June, fewer people are buying and selling real estate. This trend doesn’t seem to be ending soon, leaving agents and investors wondering when they’ll get relief from this turbulent market.
But what if you don’t need to wait for the market to change to find great leads and continue scaling your business?
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BiggerPockets Daily