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Many economists expected higher mortgage rates to cause home inventory to balloon. So where are all the “for sale” signs this year?

The reality is, many would-be sellers are reluctant to trade in their existing mortgage rate for a higher one.

However, some sellers are actually benefiting from high mortgage rates — because a lack of competition is giving them the upper hand.

If you plan to buy or sell a home, we can help you chart the best course depending on your circumstances. Reach out to schedule a free consultation.

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