It's a mixed bag as to whether the recent banking crisis will affect home prices in key markets such as Silicon Valley and New York.
The situation was a reason for the Federal Reserve to only raise the interest rate by 25 bps at its most recent meeting, which helped to sink 30-year mortgage rates for the time being.
Redfin agents report that uncertainty around the stability of the banking and tech industries is exacerbating nerves in some buyers and sellers in key markets, particularly the Bay Area.
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