"Buyers are still not liking the interest rate and being able to get less house for the money. New agents are just order takers with not much experience in how to negotiate. We are going to see more people waiting if they do not know how to proceed with buying a home. I am directing people to new home builds as they have incentives," says Debbie Bloyd. "Housing permits did rise for the short term, but the Federal Reserve is slowing down the real estate market. Even with rates going up, it is still difficult to buy a home," says Ed Fernandez.
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