NJ Spotlight News
Housing market adjustment due to interest rates, inventory
Clip: 7/8/2022 | 4m 9sVideo has Closed Captions
Inflation and the high cost of living are hurting people’s purchasing power
Inflation is top of mind for all New Jerseyans - everything is more expensive. Homebuyers are left to navigate a costly, competitive market with high prices, high-interest rates, and low stock. Now, the tide may be turning. Real estate experts say inventory is rising, and those ruthless bidding wars are on the decline. What do the looming changes mean for someone entering the market?
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Housing market adjustment due to interest rates, inventory
Clip: 7/8/2022 | 4m 9sVideo has Closed Captions
Inflation is top of mind for all New Jerseyans - everything is more expensive. Homebuyers are left to navigate a costly, competitive market with high prices, high-interest rates, and low stock. Now, the tide may be turning. Real estate experts say inventory is rising, and those ruthless bidding wars are on the decline. What do the looming changes mean for someone entering the market?
Problems playing video? | Closed Captioning Feedback
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS