Redfin: 'Lock-In Effect' Continues to Ease

by amyc

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

Disaster unemployment aid available after Hurricane Isaias
Disaster unemployment aid available after Hurricane Isaias
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
Real Estate Q&A: Can Leased Solar Panels Derail a Home Sale?
AI Can Speed Up Work But Still Needs Your Review
AI Can Speed Up Work But Still Needs Your Review
Rates dip to lowest level in more than a month
Rates dip to lowest level in more than a month
Florida’s business growth broadens economic base
Florida’s business growth broadens economic base
Federal disaster declared for Isaias as insured losses grow
Federal disaster declared for Isaias as insured losses grow
Florida CEOs upbeat about economy, hiring outlook tops nation
Florida CEOs upbeat about economy, hiring outlook tops nation
Fed keeps rates unchanged, gives little signal of next move
Fed keeps rates unchanged, gives little signal of next move
Florida warehouse market shows uneven third-quarter gains
Florida warehouse market shows uneven third-quarter gains
Florida investors shop across price ranges
Florida investors shop across price ranges

Share on Social Media

Debbie Gentry

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

+1(352) 217-3179

debbie@debbiegentry.com

GET MORE INFORMATION

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.