MBS Highway surveyed over 2,500 mortgage and real estate professionals around the country for current housing market conditions.
The results for the August 2022 release showed that 53% of respondents reported their market was still steady to very active while 16% saw moderate to significant pricing increases. Of those who said activity was slower, many cited that it was due to a lack of inventory.
In addition, many are still seeing multiple offers, but less than previously. If you’re looking to purchase a home, this slight cool-down in activity may present a wonderful opportunity!
