For the past several years, the U.S. housing market has faced an unusual constraint: not a lack of  buyers, but a lack of sellers willing — or able — to move.

Millions of homeowners remain “rate-locked,” holding mortgages originated in 2020–2022 at  interest rates between 2% and 4% (Federal Housing Finance Agency; Freddie Mac Primary  Mortgage Market Survey). While home values have risen, the financial penalty of selling and  repurchasing at today’s 6%–7% rates has discouraged mobility, suppressing inventory and  transaction volume nationwide (National Association of Realtors; HousingWire).

The result is a frozen market dynamic: demand exists, but supply does details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com