"January 7, 2025" Archives

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Many homeowners have a death grip on their houses with no plans to sell

Rising home prices and mortgage rates are keeping the lock-in effect alive during the early days of the 2025 housing market. Despite increased levels of for-sale inventory, a significant share of homeowners are content to stay put in their homes for the long haul. This finding comes from a report released by Seattle-based brokerage Redfin…

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