3 Stocks to Watch as New Home Listings Climb Again
After a few months of stalemate between buyers and sellers, the U.S. real estate sector is finally looking to get back on its feet. With the Intercontinental Exchange reporting that most outstanding mortgages in the U.S. carry an interest rate of only 3.25% today, most homeowners don’t have an incentive to put their homes on the market.By the same token, would-be homebuyers today aren’t too excited to face near 7.3% mortgage rates in the market, not to mention a roughly 32% higher average home price compare ...