Home shoppers will likely have more urgency in the new year, wanting to buy before home prices rise even more.
Home prices are edging up in most markets,and buyers are taking notice. Buyer surveys recently have shown that home shoppers expect home prices to continue to inch up, and they want to cash in before they rise too much higher. “Every single thing about housing is flashing green” with household formation rising, inventory falling, and affordability hovering at record highs, James Dimon, chief executive of J.P. Morgan Chase told CNBC last month. Read more....
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