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It looks like it’s going to be another competitive year for homebuyers in 2022.
Plus, year-over-year inventory is still lower, and concern about rising mortgage rates is fueling competition in the marketplace, said Jessica Lautz, vice president of demographics and behavioral insights at the National Association of Realtors.
“If you want to get in next year or before interest rates rise, get your ducks in a row now,” she said.
To be sure, mortgage rates are…