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Oil Prices Fall, Real Estate Stalls | Real Estate News
Description
Oil prices dip as the Strait of Hormuz hints at reopening, calming markets—but real estate agents remain stuck in limbo. Despite global optimism over peace and lower energy costs, agents report barely positive buyer pipelines, unchanged from earlier in the year. While a slight uptick in future optimism exists, current business hasn’t improved, with many still seeing shrinking buyer pipelines. Mortgage rates stay steady and inflation looms, keeping the housing market from rebounding quickly.
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