Should you shop for a home now or wait for potential drops in mortgage rates? Many home shoppers are facing this dilemma, especially as mortgage rates have risen this week, edging closer to 7%, with no signs of relief for the slow housing market.Given the current chaotic market conditions, one might question the rationale behind purchasing a home.
Louis for over a century, now stands desolate and vacant.As the real estate market continues to astonish with its divergent values, the stark contrast between the price of a home in Los Angeles and a skyscraper in St. Louis is just the beginning.Beyond U.S. borders, the disparity in real estate values becomes even more pronounced. What about a chateau in France? With home prices in America soaring to astronomical heights, some buyers are turning their gaze elsewhere.