Why Realtors Are Worried About The Iran War

The all important spring housing market is well underway, but the war with Iran and its impact on the US economy have thrown a massive wrench in buyer demand. Mortgage rates are much higher than expected and concerns over employment and inflation are front and center. Those concerns were already heating at the end of last year, but the war turned up the gas.Buyers are more concerned about the economy and mortgage rates than they are about home prices. That, according to real estate agents responding to the ...