Homes aren’t selling because they aren’t affordable. High interest rates are a big part of the lack of affordability, given the federal government’s large budget deficit and it’s impact on the long end of the yield curve, I don’t see that changing anytime soon and it will likely worsen. Pulling your home off the market because you won’t cut your price isn’t a great move unless you want to continue holding on to your home for many years to come.
Homes aren’t selling because they aren’t affordable. High interest rates are a big part of the lack of affordability, given the federal government’s large budget deficit and it’s impact on the long end of the yield curve, I don’t see that changing anytime soon and it will likely worsen. Pulling your home off the market because you won’t cut your price isn’t a great move unless you want to continue holding on to your home for many years to come.