These are unprecedented times when you have mortgage interest rates, hovering in the range of 7%, while at the same time, real estate values continue to increase because of reduced number of homes for sale. Homeowners have decided to “stay put “until interest rates subside to reasonable levels, most likely in the range of 5% before we see significant real estate activity again…
https://www.fa-mag.com/news/homeowner-equity-climbs-to-a-record-high-74047.html