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3 Things to Do Before Buying in Today's Explosive Housing Market


While there are several signs the housing market is starting to cool, homebuyers and investors shouldn't be fooled: It is still very much an explosive real estate market.

The median home price reached its highest level in history in June 2022. Low housing inventory and steady demand mean competition still remains. Add in rising mortgage rates, and it's an interesting market to buy in.

To help you make the most of the experience, here are three things you should do if you're planning to buy in today's red-hot housing market.

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Source Fool.com


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