So the mortgage interest rate for 30 year fixed is around 7%. So how does the 7% interest rate is going to affect the market? We personally think it’s not going to make it that much difference because of the lower number of inventory. If the property is priced well and it’s in good condition still they are selling at asking price or above.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379