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Home buyers face increased competition from investors

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Buyers are attracted by rising house costs and excessive demand within the rental market, which suggests they will simply discover tenants and anticipate ultimately promoting for a revenue, based on evaluation by Redfin’s senior economist Sheharyar Bokhari. Whereas 74 % of buyers paid money for his or her buy, the best stage since 2018, low mortgage charges are one other incentive for buyers who select to finance their buy.

https://www.washingtonpost.com/enterprise/2021/08/11/home-buyers-face-increased-competition-investors/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | House patrons face elevated competitors from buyers

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