A bifurcated housing market: Average Idaho homeowner sees equity decline by $21K while typical Florida homeowner gained $49K in 2022
Just after mortgage rates spiked to 6%, George Reedy put his South Carolina home on the market in July 2022. He needed to sell for personal reasons. He was also worried that by listing after mortgage rates had spiked, he’d miss out on the frothy prices hit at the top of the Pandemic Housing Boom…
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