Utilizing data from the newly completed 2022 profile of home buyers and sellers.
There are almost one million more workers now compared to pre-pandemic.
There is no question that housing affordability has shut out first-time buyers.
A return to the sky-high interest rates of the 1980s isn't likely in today's economy.
Still, mortgage rates are near 20-year highs, and that hurts homebuyers.
Generally, during inflationary periods, people hold less money and thus spend less.
Rose particularly enjoys working with first-time buyers or those that may need a special touch of finesse and empathy. Rose has worked with many relocating into the Baltimore/Washington Metro area.
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