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Market Monday 11-15-2021

Mortgage rates rose above 3% for the first time since June 2021 and asking prices set an all-time high, but homebuyers aren’t slowing down. Showing requests rose but mortgage applications dropped. To me that means the buyers that are still actively searching might have a better chance getting their offers accepted. Maybe it’s the holidays around the corner or buyer fatigue, either way if you’re looking to relocate or buy an investment property we would love to be your real estate resource!

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