Has the seller’s market peaked?

Yes, home prices are still rising but April’s listings were only 2.5 percent above the year before so perhaps the rapid ascent is over.

Analysts are also optimistic that the Feds continued raising of interest rates is nearing an end. This, of course, will result in (eventually) lowering mortgage rates which are the prime culprit in the slow housing market.

The one main caveat is the low housing inventory – still decreasing. Until more homes are listed, prices will remain high.

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