>>60916224
Market is completely tapped right now and fucked beyond belief. Boomers destroyed the market and anyone at a Covid or pre covid rate is locked in at 3% or better and not letting go. 5 years ago the same house selling for 500k @ 6% was 250k @ 3%. Interest rates weren’t even remotely as high as now so explain that fucktard. Prices are only so high right now due to lack of supply and not aligned with reality. Boomers trying to get $1million on their houses and doing 10k price cuts when it sits unsold for 6 months

>>60916251
Cutting rates would increase supply as there would be more sellers willing to let go and can refinance