Mortgage rates are rising but new home demand is consistent.
The Fed is continuing to raise mortgage rates in an effort to slowly stifle soaring inflation while the nation looks on and grapples with 2008 flashbacks. The current trends have left Americans questioning Are we in a bubble? and Are we headed for another recession? Despite the rising costs and interest rates, demand for new homes is staying consistent amidst the uncertainty, while the experts at Zonda point to key differences between 2008 and today.
Read more below to learn about these trending topics in Zonda’s recent press coverage.
Realtor.com — Are We Approaching Bubble Territory in the U.S. Real Estate Market?…read more
Dallas Morning News — North Texas Sees Decline in Home Sales as Prices Jump…read more