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These 10 markets may see the biggest homebuying surge as mortgage rates fall

On HALO

1 day ago

With mortgage rates expected to drift toward 6% in the coming year, 10 U.S. markets could see a major boost as buyers regain purchasing power.The National Association of Realtors (NAR) recently looked at 10 key indicators – including how lower rates affect buying power, how well home prices match local incomes, migration trends and job growth – to find where "home sales will likely be liveliest in the coming year."To make the list, each area needed a population over 250,000, stronger performance than the U.S. on at least five indicators, and clear opportunity for buyers and Realtors, according...

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