Could This Be Worst Spring in Years for Home Sales
The economy is booming, take-home pay is rising and millennials are getting married and having children. Despite all those homebuying catalysts, this could one of the weakest spring selling seasons in recent years.
The culprits: rising mortgage rates, a tax bill that reduces the incentives for homeownership and a growing weariness among first-buyers being priced out of the marketâ€”all of which are expected to dampen demand for homes this year.
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