Real estate agents report that June was the second month in a row in which high competition occurred. Bidding wars within the United States were more common than expected.

 

 

As a result of the recovering economy and the Federal Reserve stimulus program that created an artificial cap, mortgage rates will inevitably rise. As this shift happens, homeowners who would usually consider selling their current homes to buy new homes actually hold onto them in order to keep their historically low mortgage rates, rather [...]