95% of Real Estate Agents See Seller’s Market Despite Rate Rise

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95% of Real Estate Agents See Seller’s Market Despite Rate Rise

MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.

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95% of Real Estate Agents See Seller’s Market Despite Rate Rise

Friday, Jul 08 2022

Written by The Mortgage Leader

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Although mortgage rates have recently climbed to their highest since 2008, 95% of real estate agents surveyed still say that it’s a seller’s market. That’s according to a blog post by HomeLight.

homelight The share of real estate agents who say it’s a seller’s market is down only three percentage points from the previous quarter or the year prior, when 98% said so, according to the real-estate technology platform.