Housing Market Stuck in a Rut | Charlottesville News
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Housing Market Stuck in a Rut | Charlottesville News
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著者：
Housing is in a tight spot: sales are plummeting, but prices stay stubbornly high as mortgage rates near 6.7%. First-time buyers are sidelined, while homeowners locked into pandemic-era 3% rates can’t afford to move — keeping inventory low and prices inflated. The ripple effects? Home renovations stall, rentals surge, and big life moves get delayed. July saw the weakest sales in over a decade, with new home sales down too — scarcity is the silent force holding prices up. People are forced to rethink homeownership entirely.
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