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- New Mortgage Monitor Report: Sellers “Pull Back,” Will Rate Cuts Change That?
New Mortgage Monitor Report: Sellers “Pull Back,” Will Rate Cuts Change That?
Summary
A new housing market report indicates that home price growth is soft, with potential for continued softness if interest rates stay in the low sixes. Hosts should watch for signs of changing demand and supply in their markets, especially in areas like Florida, Texas, and Denver, where seller behavior is impacting prices.