Home Buying Power Remains In Motion Depsite Rising Mortgage Rates

The real estate market does not occupy a space outside the laws of physics. As Sir Isaac Newton so aptly theorized, "For every action, there is an equal and opposite reaction." When applying the English physicist's Third Law to today's rising mortgage rates, anticipating the reaction can be valuable information if you are planning to buy or sell a home or commercial property. At first blush, residential home buyers and commercial property investors might expect the "opposite" reaction to impact buying power negatively. The initial data might lead many to believe that premise. How Home Buyers Reacted To Rate Hikes…
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