Fence-sitters jump into real estate market Premium Content

Higher interest rates motivate more home buyers

Inman News®

Only a few weeks ago, Kelly Egan and her fiancé Mike Rogers were looking at for-sale houses about once a week in Dubuque, Iowa. That was as much time as they believed they could spend house hunting given their commitments at school, work and church.

Now, the two are looking at as many houses as they can no matter when they have to squeeze in the appointments. They've even put off planning their wedding for now to focus instead on buying a home.

The reason for their all-out push comes down to simple economics, specifically rising interest rates.

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