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The ‘lock-in’ effect is heating up home prices

The nearly 8% growth on a seasonally adjusted annualized basis is well above the historical average, according to the government-sponsored enterprise. https://www.nationalmortgagenews.com/news/home-prices-heating-up-as-mortgage-rates-keep-homeowners-put

Senators say corporate investors are driving up home prices

Democratic senators including Banking Chair Sherrod Brown and Elizabeth Warren want to restrict tax breaks for large corporate investors that buy local homes and often drive up costs. https://www.nationalmortgagenews.com/articles/senators-say-corporate-investors-are-driving-up-home-prices