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NJ Spotlight News | Business Report: More homes for sale in NJ | Season 2022

But the recent rise in mortgage prices has led to softer demand
The video from PBS, titled "Business Report: More Homes for Sale," discusses the current state of the housing market, highlighting an increase in the number of homes available for sale. It notes that this surge in inventory is providing more options for buyers, potentially easing the competitive nature of the market that has been prevalent in recent years. The report also touches on the factors contributing to this increase, such as sellers adjusting to higher interest rates and a slight cooling in buyer demand. Additionally, the video provides insights into regional variations in the housing market and offers expert analysis on what these trends might mean for future homebuyers and the overall economy.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-more-homes-for-sale-1652211419/ ]