says Realtor.com Sr. Economist George Ratiu
https://www.youtube.com/watch?
Much of what George says is also true here in the Catalina Foothills market.
- high mortgage interest rates combined with high list prices, plus the highly inflated cost of everyday goods and services have priced many buyers out of the market. Yet sale prices are staying high due to the continuing shortage of homes for sale. And the continuing shortage of homes for sale is exacerbated by would-be sellers not wanting to trade their current home and low rate mortgage, for a hard to find high priced home with a much higher rate mortgage.
John Schneider /Realtor®
Tierra Antigua Realty
Catalina Foothills Homes
johnschneiders@gmail.com
520 271-4164
TheFoothillsToday.com
to see all the homes for sale in the Catalina Foothills
(and only in the Catalina Foothills)
