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GOBankingRates
GOBankingRates
Heather Altamirano

3 Cities That Have More Home Supply Today Than Before the Pandemic (and Why That Matters)

Sean Xu / Shutterstock.com

Over the last few years, the housing market has been a wild bumpy ride of high interest rates, skyrocketing housing prices, low inventory and unbelievable bidding wars. But as we move further away from the unpredictable times of the pandemic, things are shifting.

Mortgage rates are slightly down and hovering around 6.74% for a 30-year fixed loan, according to Freddie Mac, and more houses are becoming available again in several markets, per the National Association of Realtors.

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