As you can see from the Cromford Report, we can gauge how short our supply is compared to our demand. Interest rates have gone up .25 % but I really don’t see that having an effect in our area. I know many people think higher interest rates mean lower prices. With this supply, I feel higher interest rates just means the buyer has less buying power.
Do you have a specific question you would like me to answer? Text me at 602-980-7653. And remember if you are planning to buy or sell Real Estate, call The Mohr Group of Realty Executives. Kendal 303-549-8224, Ryan 480-204-2619 or Janet at 602-980-7653
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