Nicole Webb CFP®, senior vice president and financial advisor at Wealth Enhancement Group was quoted by Bloomberg in “Reading the Entrails for a Fed Pause Versus Cuts."
Nicole Webb, senior vice president and financial adviser at Wealth Enhancement Group, said that the price stability in residential property was “simply because everyone locked in 30-year mortgages at these extremely low interest rates.” This means even fewer sellers, and prices won’t take a hit without an increase in the supply of homes for sale. “That’s where you’re also seeing though that the builders have an advantage.”
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