0.5% rate hike making buyers more desperate?

In our area (Portland), we are seeing that the rate hike is making buyers even more crazy. I think people who need homes are shitting themselves because supply is still very low and they are terrified of the interest rate going up even more. They are giving their best and final. Everything is a hot home and pending in even less time. Is anyone else seeing this?

submitted by /u/simdtx
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In our area (Portland), we are seeing that the rate hike is making buyers even more crazy. I think people who need homes are shitting themselves because supply is still very low and they are terrified of the interest rate going up even more. They are giving their best and final. Everything is a hot home and pending in even less time. Is anyone else seeing this? submitted by /u/simdtx [link] [comments]

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