Redfin: 'Lock-In Effect' Continues to Ease
In Q1 2024, 86% of owners had a rate below 6%, down from the 2022 high of 93%. Rates need to dip more for the lock-in effect to loosen further.
Categories
Recent Posts

Mortgage rates ease after 9-month high

Your own curb appeal can win business

IRS data shows income migration continues to favor Florida

Building an agent training program that beats the franchises

Florida manufactured home market holds steady as inventory tightens

Builder confidence rises in May as incentives remain common

Manufactured homes gain traction as affordability option

Property tax amendment heads to voters

Florida consumer sentiment falls again

Sellers face higher costs, delays on pre-listing renovations

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
