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Reply to "Spring market on pause?"
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[quote=Anonymous][quote=Anonymous]golden handcuffs bro...low rates locked in and cant afford the same. [/quote] Same here. That's why RE is dead and there's no inventory. People are only selling when they really have to or estate sales or can pay cash for their next house. I'd think rates would have to drop below 5%, probably get down to 4.5% before you start seeing a lot of people giving up 2.75% mortgages, but it'd also mean the pent up demand pushing prices even higher.[/quote]
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