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New Zillow Survey Brings Hope For Homebuyers | Hot Sheet 01/17/24

BAM Hot Sheet

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Effects of Low Interest Rates on Homebuyers' Decision-Making

This chapter discusses the impact of low interest rates on homebuyers' decision-making, including quick decisions made during the low rate period and potential regrets about house choices. It also explores the importance of targeting sellers with lower interest rates and motivations for selling, as well as Zillow's findings on inventory levels and the faster pace of listings going under contract. Additionally, it provides statistics on homes sold above list price and the share of listings with price cuts.

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