Buyer’s Market Amid Rising Rates

Spring homebuying is cooling off fast—pending sales dropped four straight weeks, mortgage rates climbed back to 6.5%, and inflation’s resurgence is keeping rates steady. But here’s the twist: it’s now a buyer’s market in many areas, giving serious shoppers leverage to negotiate better deals than last year. High prices and rates have sidelined many buyers, leaving sellers more flexible—even as inventory struggles to grow. Refinancing applications spiked after Memorial Day, proving homeowners are watching rates closely and ready to act. Rates aren’t likely to fall soon, so if you’re ready to buy, now might be your best shot. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/be57c69c271cee01