It’s starting to happen now

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I have a few clients who are looking for a 3 bd home under $120K. It seemed like just a week or 2 ago there were quite a few to choose from. Now the ones that will actually qualify for a loan in that price range have almost all been sold. The ship has sailed. Or at least for the time being. Rates are still under 6% for those with good credit I hear.

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