🎉 Friday Highlights S3 | #105: Rates Are High. So Why Are Home Prices Still Rising?
Published 20 days ago • 2 min read
Hey Reader —grab your coffee (or tea). I have a few real estate things worth knowing this week. 🍵 🏡What's Happening in Real Estate Here's something that may sound backwards: mortgage rates are still high, but home prices rose in 80% of U.S. metro areas last quarter. That is up from 71% earlier this year. So if you have been waiting for higher rates to automatically push home prices down, the market is giving us another reminder—real estate does not work from one number alone. People are still...
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