The good news is as interest rates rise; home valuations begin to stabilize. Inventory is also beginning to increase, a move that typically makes it easier to buy a home. In fact, Realtor.com estimates active listings will grow 15 percent this year and home sales are “expected to hit their second-highest level in 15 years.”
Original article: https://www.reviewjournal.com/homes/homes-columns/real-estate-insights/higher-interest-rates-could-stabilize-housing-market-2608193/
