Will 5% Mortgage Rates Trigger Pent-Up Housing Demand?
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Will 5% Mortgage Rates Trigger Pent-Up Housing Demand?
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Current housing data suggests a move toward 5% could release pent-up demand. The setup: •162M+ Americans employed
•Five generations of buyers
•Inventory remains constrained
•Transaction volume has been rate-suppressed
If financing costs decline meaningfully, demand may re-engage.
How would your strategy change if that occurs?
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