Splitero CEO Michael Gifford explains how rising interest rates and limited housing inventory are intensifying the real estate “lock-in effect,” leaving homeowners feeling trapped in their current properties. However increased home equity could offer some financial benefits and much-needed flexibility.
Source: Inman News
Here’s what you can do to mitigate the ‘lock-in effect’ for clients
Published in Agent, homeowners, homeownership, interest rates, lock-in effect, Markets & Economy, michael gifford, Opinion, Select, service and splitero
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