Is the Real Estate Market Cooling?
It appears that the real estate market is cooling, with companies like Redfin ($RDFN@US) struggling on the stock market. RE/MAX recently closed on a master franchise sale in Kazakhstan and Uzbekistan. The Federal Reserve is close to raising interest rates, and investors have gobbled up so many homes that current inventory levels pale in comparison to the height of the COVID-19 pandemic. For more information on interest rates, lenders you can work with, and how to buy a home or property, you can check out Benzinga. Return for current news on base interest rates, and research every new investment using Benzinga Pro.