KNTV NBC Bay Area News At 6 July 13, 2024
Rates. Mortgage rates post about 5 a year ago and that put a stop on the home buyers in the market place. Because when Mortgage Rates go up that means the monthly mortgage payment is taking that much of a bigger of a bite out of family income. Reporter holly bartells has seen prices sliding for more than a year now. The trend over the last two years it is definitely come down. Reporter in her market of willow glen she has less all cash buyers and see a home sit on the market for 25 days before a sale and a couple of years ago it would sell in less than ten days and get several hundred thousand...