Expect to see some areas of the housing market cool more than others amid higher mortgage rates and a slowing economy, says one expert.
“In the really overpriced markets, like Tampa, Austin, and West Palm Beach, you’re starting to see a lot of price reductions,” Ralph DiBugnara, president of Home Qualified told Yahoo Finance. “A lot of those areas were just very, very overpriced.”
Those areas which saw the biggest price increases during the pandemic are now seeing some of the largest…
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