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Need, Not Rates, Drives Home Sales
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Need, Not Rates, Drives Home Sales
CANFIELD, Ohio – In this excerpt from The Business Journal Roundtable Series featuring housing and mortgages, panelists said homeowners with historically low mortgage rates are unlikely to move unless necessity dictates. Life events, property needs and limited suitable inventory drive decisions, while built-up equity can make selling more feasible. First-time homebuyers continue to face challenges […] The post Need, Not Rates, Drives Home Sales …
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