What interest rate are buyers waiting for? Here’s a breakdown.

Interest rates are a direct indicator of real estate volume. Buyers have in their mind the “perfect” rate that is right for them to start their house hunt. Using data from Realtor.com, I will break down the percentage of buyers that will consider buying when rates dip below different levels. Keep in mind, even a small dop in the interest rate will result in a disproportionate increase in prices.

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