Change is Happening.
Change is happening, and fast. We've all noticed that prices are rising. In an attempt to curb inflation, the Federal Reserve Bank raised its funds rate for the first time since 2018. And, it anticipates six more rate hikes for the rest of the year. As a result, interest rates are climbing. How will this impact home buyers and sellers?
Larry Flick V
Chief Executive Officer
A look at the residential real estate market in City of Philadelphia at the 1st Quarter of 2022.