It seems to me interest rates for mortgages are new jobs are going to be what helps to drive our market forward and get people off the fence. Because even though our market is improving, it’s not improving at warp speeds. So what’s going to get buyers off the fence and into the market? The fear of rising interest rates. In other words, mortgage interest rates stand to increase quicker and higher than prices of homes. So buyers are more likely to jump into the market to hedge against rising interest rates rather than rising home prices. Make sense?
