Agents share how homebuyers with a loan can top all-cash offers

Agents share how homebuyers with a loan can top all-cash offers

Let’s talk about a market that puts would-be buyers up against some strong odds.
We are experiencing the worst ever inventory levels of Southern California homes for sale. Prices continue to march skyward. And affordability pressures continue to mount as Freddie Mac mortgage rates landed at 3.92% this week.
The last time Freddie rates were this high was nearly three years ago, May 2019.
Yet,…

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