ilmscore | Prediction Details
"And so if more buyers wake up and say, "hm, maybe I should go out and buy a home now." Well, that could make more offers on homes. So, if you list your home for $500,000 now, maybe you get seven, eight, nine, 10 offers as opposed to two. And if you start to get more offers, that could create more bidding wars that could push home prices higher."
By Minority Mindset | September 12, 2024 | Pending
From video
BREAKING: Inflation Drops To Lowest Levels Since 2021 - What It Means For You 00:09:06 - 00:09:24
Interpreted Prediction
Increased buyer activity due to lower mortgage rates is predicted to lead to a surge in offers on homes, potentially causing bidding wars and driving up home prices.

Prediction Details

Topic
Housing Market

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