Buyers are struggling with higher borrowing costs. Builders are offering more help. Owners with cheaper mortgages remain reluctant to move. Those pressures appear across the Federal Reserve’s October Beige Book, released October 14, alongside mortgage data showing another decline in applications. But the report’s message is more complicated than a nationwide housing collapse. Some markets weakened, others held steady, and the Atlanta district reported improving home sales even as sellers offered incentives. For agents, the warning is that getting a…
MarketNational
Buyers Are Pulling Back. The Fed’s Housing Report Shows Why Sellers Must Adjust.
Buyers are struggling with higher borrowing costs. Builders are offering more help. Owners with cheaper mortgages remain reluctant to move.
