A Drop in Mortgage Rates has Boosted Home Sales in 2025

Home sales in 2025 have risen 2% due to lower mortgage rates of 6.5-7% and high inventory. Buyers are encouraged to consider homes needing work and use construction loans to add value. Strategic mortgage choices, like shorter terms, are advised over focusing solely on rates. Increased real estate trade transactions, involving swapping properties, also contribute to the sales boost.

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