The housing market trend continues

As reported last week, the overall direction of the housing market is a positive one: mortgage rates continue to drop, listings are up, and price increases are small. And the good news is: the trend continues.

Mortgage rates are now down a half of a percent (7.9% as of Nov. 22). Listing are up for the third week in a row, and, while prices are up a notch, the hope is that more inventory will relieve the pricing pressure.

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