Mortgage rates have spiked back up to 7% in 2024, with investors now beginning to sell properties because they can no longer make money on them. The skyrocketing interest rates is now causing even more forced selling in housing markets like Florida.
Independent thinking for complex markets and current events
Mortgage rates have spiked back up to 7% in 2024, with investors now beginning to sell properties because they can no longer make money on them. The skyrocketing interest rates is now causing even more forced selling in housing markets like Florida.