A few weeks ago, Realtor.com released its first-ever Metro Affordability & Homebuilding Report Cards, grading the 100 largest U.S. metros on affordability and new construction. Des Moines took the top spot — an A+ with a score of 83.4 out of 100, ahead of Raleigh and Columbia, SC.

30-year mortgage rates just hit 7.40% — the highest we've seen since November 2023, and the seventh straight weekly increase.

If that sounds like a reason to wait, here's the bright side: motivated sellers are negotiating again. Homes are sitting a little longer, price cuts are back, …

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